For the source of the Nissan GT-Râs bad-boy nickname, look to HondaâIshirÅ Honda. In 1954, that Japanese film director conceived Gojira, the monster born of World War II nuclear radiation that we know as Godzilla.
Minimum monthly payment. You can apply for an installment agreement online, over the phone, or via various IRS forms. To some degree, you get to choose how much you want to pay every month. The IRS will ask you what you can afford to pay per month, encouraging you to pay as much as possible to reduce your interest and penalties.
IRS Installment Payment Plans. If you can pay your debt over time, an installment plan may be the right solution. The most widely used method for paying an old IRS debt is the monthly installment agreement, or IA. If you owe $50,000 or less, you should be able to get an installment payment plan for 72 months just by asking for it.