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Posted 1/30/2012
IRS Makes Changes To Streamlined Installment Agreement Program
The IRS has issued a memorandum to Collection Field function employees to implement policy changes to Streamlined Installment Agreements. These changes are effective immediately. The changes increases the aggregate unpaid balance of assessment threshold from $25,000 to $50,000 and increases the time period for full payment from 60 months to 72 months.
Click here for the text of the SB/SE Memorandum.