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making installment payments on time, the
terms of an installment agreement
require that all tax returns required be
filed and payments (including any
Estimated Tax payments or Federal Tax
Deposits) due during the life of the
agreement be made timely.
Return Filing Requirements
The
following resources provide more
information on filing requirements:
Paying Requirements
The
following suggestions could help
individuals and employers avoid having
overdue taxes next year:
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If
taxes are owed because not
enough money was withheld from
wages, a lower number of
withholding allowances should be
claimed on
2005 Form W-4, Employees
Withholding Allowance
Certificate. Refer to,
Publication 919, How Do I
Adjust My Tax Withholding?
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Self-employed taxpayers that owe
taxes should increase their
estimated tax payments. Refer to
Publication 505, Tax
Withholding and Estimated Tax.
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Employers should refer to
Publication 15 (Circular E)
Employer's Tax Guide.
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