According to IR-2007-68, the IRS has enhanced the interactive Online Payment Agreement (OPA) application, available at www.irs.gov/individuals/article/0,,id=149373,00.html. OPAs allow eligible taxpayers (or their authorized representatives) to self-qualify and apply for installment agreements, receive immediate notification of approval and establish paperless direct debit agreements.
The Service estimates that over 75% of taxpayers eligible to establish an installment agreement can do so using this interactive tool.
The new enhancements provide additional functionality. Individual taxpayers who have not yet received a bill may now establish pre-assessed agreements on current-tax-year Form 1040 liabilities. Also, tax advisers with valid authorizations for multiple clients may maintain their information within the tool while requesting agreements for multiple clients.
The tool can also be found at the top of the right-hand column of the website’s main page (www.irs.gov), in the pull-down menu located under the words, “I need to...,” by selecting “Set Up a Payment Plan.” The application tool is available Monday–Friday from 6:00 am to 12:30 am ET, Saturday from 6:00 am to 10:00 pm and Sunday from 4:00 pm to midnight.