Signed off Installment Agreement


#1

Hello All,
I’ve been reviewing some of the Q&A’s and I think this is a great supporting community. I hope my situation is simple enough to get some responds that would help me to better assist my client.

My client had a Sales Tax Audit for the years 2014,2015, and 2016. At that time he had no bookkeeping and of course the state (NY) estimated his sales tax for a greater amount in contrast to the bookkeeping we conducted.

The problem is, my client signed off on the audit and agreed to pay the state an installment agreement of $1300 a month, which is causing financial hardship for his family. Is there a way to try to have this audit re-opened based on the new evidence of the bookkeeping, and if not, is an OIC the way to go?
Thanks in advance for reading and your response.


#2

Hi Airrion,
This sounds like a state tax issue, not federal. Is that correct?


#3

Hi!
Yes, that’s correct.