Georgia Department of Revenue sales tax payment plan
If you have a substantial amount of sales tax owed to the State, you are probably thinking about getting on a payment plan. Payment plans are never a one-size fits all policy with the State as they tend to be with the IRS. For example, the IRS will give a taxpayer a 60 months streamline payment plan for debts under $25,000.00, regardless of how much the taxpayer earns.
In the case of sales tax, if your business is currently open, you may get a payment plan between 12-60 months. This depends on how many payment plans that you may have had in the past, the amount due, and even a down payment. If your business is now closed, you have the most latitude and can hope for a payment plan closer to the 60 month mark. However, if your business is currently open and you are seeking a payment plan, then, the State knows that you are also in a mode of desperation and will want to hit you with the most aggressive payment plan as possible.
Obviously, if you are in a revocation status or have a revocation hearing, a payment plan is not in your cards. It is either pay in full or close your doors.
Our office routinely handles payment plans with the State. Call us for representation.
Georgia Department of Revenue sales tax payment plan