Installment agreement fees.

• Author: Laffie, Lesli S.
• Position: FROM THE IRS

IR-2006-176 announced increases in user fees for installment agreements. The increases--the first since the fees were implemented in 1995--result from hikes in labor and other costs of processing the various applications.

Effective Jan. 1, 2007:

* For new direct debit installment agreements, when payments are deducted directly from a taxpayer's bank account, the fee increases from $43 to $52.

* For other new installment agreements, the fee rises from $43 to $105.

* To restructure an existing or...