Currently Not Collectable
If you are unable to make any monthly payments, you can request Currently Not Collectable (CNC) status. If CNC is approved, the IRS will temporarily suspend collection action against you. CNC status prevents levies against your income and bank accounts, but WILL NOT prevent the filing of a Federal Tax Lien. In order to […]
I Can’t Pay my Taxes, Now What?
If you owe the IRS and cannot pay your tax liability in full, there are collection alternatives available to you and your unique situation. An experienced tax attorney can review your financial situation and select a collection alternative that will benefit you best. What if I do nothing? Receiving a notice from the IRS about […]