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3 votes
The simplest collection alternative is:

a.Offer in compromise.
b.Streamlined installment agreement.
c.Guaranteed installment agreement.
d.Extension of time to pay.

User Jigsore
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1 Answer

6 votes

Final answer:

The simplest collection alternative is a Streamlined Installment Agreement, which allows taxpayers to make monthly payments and resolve their tax debt within 72 months.

Step-by-step explanation:

The simplest collection alternative is b. Streamlined installment agreement. A streamlined installment agreement is a payment plan option for taxpayers who owe $50,000 or less in combined tax, penalties, and interest and who can fully pay the debt within 72 months. It is a simplified and convenient way to make monthly payments and resolve the tax debt.

User Ben Mabey
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