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.
Option #3 - IRS Partial Payment Installment Agreement (PPIA) With a PPIA, you pay the IRS a low payment, but it will not pay off the debt within 6 years or perhaps even longer. You may think Great, then I will owe the IRS forever!. But this is not true. The IRS has a limited amount of time to collect on a tax debt.