Get a Free Consultation
Struggling with IRS debt and wondering if there’s a realistic way to pay less than what you owe—legally? In this video, Dave Horwedel, EA and CEO of Torchlight Tax, breaks down one of the IRS’s lesser-known but highly effective tools: the Partial Pay Installment Agreement (PPIA).
A PPIA allows you to pay the IRS an affordable monthly amount even if those payments won’t fully pay off your balance before the IRS collection period expires. When the statute of limitations runs out, the remaining balance is wiped out by law. Many taxpayers have never heard of this program, but it can be a powerful solution when used correctly.
In this video, you’ll learn:
What a Partial Pay Installment Agreement is—and how it actually reduces IRS debt
How the IRS determines whether you qualify (income, expenses, assets, and collection statute dates)
Why PPIAs can sometimes work even when an Offer in Compromise is denied
How Torchlight Tax uses advanced financial analysis and IRS transcripts to find your best option
Where PPIAs fit among other IRS tools like Currently Not Collectible status, Offers in Compromise, Installment Agreements, Appeals, the Taxpayer Advocate Service, and even Tax Court
Why PPIAs aren’t “set it and forget it”—and what you must do to stay compliant
Torchlight Tax handles bookkeeping, accounting, tax preparation, IRS representation, Appeals, and even Tax Court—a full-service approach most tax firms simply cannot offer. Whether you need an OIC, CNC status, PPIA, or another strategy, we make sure the IRS follows its own rules and that you get a fair outcome.
Need help with IRS debt?
📞 Call for a free consultation: 877-758-7797
📧 Email: info@torchlighttax.com
🌐 Learn more: TorchlightTax.com
If you found this video helpful, please like, share, and subscribe for more IRS tips and tax-saving strategies. We have over 400 articles and videos to help you take control of your tax situation.
Disclaimer: This video is for informational purposes only and does not constitute legal or tax advice. Always consult a qualified tax professional regarding your specific situation.