How Good People Solve Bad IRS Problems - Nick Nemeth - Manual / Resource - Page 39
End Your IRS Problems
Chapter 10: You May
be Eligible for a
Loan from the IRS!
Hard to believe! Millions of taxpayers may qualify for a
loan and don’t even know it.
You could be one of them. And if you are ... this may
be your lucky day.
The IRS calls this program the Streamlined Program;
it’s designed for the taxpayer who owes the IRS
$50,000 or less and just wants to pay it off but does
not have the extra cash laying around in the Cookie
Jar. What the IRS Streamlined Program does is make it
easy for you to deal with the IRS and pay off taxes you
owe without any dickering on terms.
How the Streamlined Program Works
It’s pretty straightforward. Take the amount you owe
the IRS -up to $50,000 -and agree to pay it off over
the next six years, in 72 equal monthly payments. The
IRS is going to charge you interest ... but at a much
lower rate than a Credit Card.
To be eligible for this type of loan, you must meet the
All of your income tax returns must be filed,
and any returns that come due during the time you’re