The new tax law also increases the amount you will have to pay if you are proposing a compromise with the Internal Revenue Service (IRS) on a tax dispute. From now on, you are required to make partial payments to the IRS while your “offer-in-compromise” is being considered, thus reducing the appeal to many cash-strapped taxpayers.

If you are offering to settle with the IRS in five of fewer installments, you’ll have to write a check for 20% of the total amount you’re promising to pay. If you’re proposing to make installment payments for longer than five years, you should go ahead and make payments on the suggested schedule.

If your offer has not been rejected by the IRS within two years, it will be considered as accepted, under the terms proposed by the taxpayer.