Currently Not Collectible Status

Did You Know You Can Have Your IRS Tax Debt Collection Put On Hold?

Currently Not Collectible status means your income does not cover more than your necessary living expenses leaving nothing for the IRS to garnish from your wages. In addition, you do not own assets worth levying. The IRS will cease collection efforts and allow the tax debt to remain in this status until your finances improve or until the statute of limitations expires.

If your status remains on Currently Not Collectible until the statute of limitations expires, which is 10 years, you would not owe the IRS the back taxes.

Tax Help Advisors, LLC can determine if you qualify for Currently Not Collectible status so the IRS will not pursue collection on your account as long as your financial condition does not change.

Call us today at (704) 912-4002 to schedule your consultation.‚Äč

Tax Help Advisors, LLC can determine if you qualify for Currently Not Collectible status