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.
How to Set Up a Payment Plan with the IRS. Download article as a PDF. If you canât pay your tax bill on time, itâs possible to apply for what is known as an âinstallment agreementâ with the IRS. If the IRS grants the application, the agency will establish a payment plan so you can make monthly installment payments to pay off your back taxes.