You can make any changes you want by first logging in to the Online Payment Agreement tool. On the first page, you can modify the current plan type, payment date, and amount. If the new amount of your monthly payment doesn't meet the requirements, you'll be asked to modify the payment amount. Your best chance of negotiating a payment plan that you can afford is to hire a specialized tax attorney.
An experienced attorney can help you negotiate the best plan with the lowest possible payment. That way, hopefully you can pay off your tax debt and, at the same time, have a little bit set aside for you each month. Otherwise, you could end up paying down to the last part of your disposable income, sometimes and other times. Of course, the interest you'll pay to the IRS will be much higher, but if they can help you pay off your debt and free you from IRS collections, it sounds pretty attractive.
Silver Law PLC, of Arizona, offers help to the IRS to those who cannot pay their debt to the IRS or who are facing collection activities. If you end up owing a lot of money to the IRS and you can't pay, you may be able to negotiate a payment plan with the IRS. Accessing the IRS by phone can be difficult, especially during the pandemic, when you may have to wait a long time, so use the tools and information available on the IRS website.
