IRS Increases Fees for Installemnt Agreements and Offers in Compromise

Starting in the New Year, the Internal Revenue Service plans to increase the processing fees for installment agreements and offers in compromise, in addition to other payment arrangements.

Effective Jan. 1, 2014, processing fees for standard installment agreements and doubt as to collectability offers will increase, the IRS said in an email to tax professionals last Friday. Fees for direct debit installment agreements, however, will remain unchanged. Low-income fees and fee waivers will also be unchanged.

Starting January 1, the fee for entering into an installment agreement will increase from $105 to $120, according to the Federal Register. The fee for restructuring or reinstating an installment agreement will go up $5 from $45 to $50. The fee for processing an offer in compromise will rise from $150 to $186. For more information contact Robert Burch (773) 779-4447 or


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