Kentucky Informal Adjustment Agreement and Order is a document that is used to resolve tax disputes between the taxpayer and the Kentucky Department of Revenue. This document outlines the agreement between the taxpayer and the department regarding the resolution of the dispute. Typically, the agreement includes information such as the amount of taxes owed, the payment plan for the taxes, and the terms of the agreement. There are three types of Kentucky Informal Adjustment Agreement and Order: 1) Installment Agreement, 2) Lump Sum Agreement, and 3) Compromise Agreement. An Installment Agreement allows the taxpayer to pay their taxes over a period of time. A Lump Sum Agreement requires the taxpayer to pay the full amount of taxes owed in one lump sum. A Compromise Agreement is used when the taxpayer and the department are unable to agree on the amount of taxes owed and are willing to compromise on the amount.