Thursday, April 27, 2017

Can’t Pay Your Tax Debt in Full? Take Advantage of Convenient Payment Options



The New York State Department of Taxation and Finance today reminded taxpayers unable to pay their tax debt in full to consider requesting an Installment Payment Agreement (IPA).

“We want to make it as easy as possible for taxpayers to pay what they owe,” said Acting Commissioner Nonie Manion. “We’ll work with taxpayers to find a convenient payment solution, one beneficial to them and New York State.” 

The Tax Department understands that circumstances can arise that prevent individuals and businesses from paying in full or on time. That’s why it offers opportunities to make a simple one-time payment online or arrange a payment plan.

Taxpayers who can’t pay their tax debt in full can request an IPA. Since the beginning of 2017, more than 19,000 taxpayers have taken advantage of this option, paying back a total of more than $94.2 million in tax debt.

Individuals also have a new option—Quick Pay—that allows them to pay a bill or tax debt directly from their bank accounts. The app can be accessed from home computers as well as a smartphone or mobile device.

In addition, taxpayers can use Tax Department Online Services accounts to make payments from their bank account or via credit card, check balances, respond to notices, update their information and more. Visit www.tax.ny.gov to set up an account or log in to an existing account. 

Source: The New York State Department of Taxation and Finance

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