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IRS Currently Not Collectible Featured Articles
If you can establish that you have insufficient income with which to pay a federal tax bill such that paying any tax due would cause a significant financial hardship, the IRS may forgo collection efforts for a period of time,…
When you are faced with an overwhelming tax liability that you can’t fully pay based on your current financial circumstances, and where you don’t have enough savings to make a lump sum payment to the IRS as part of a…
The Internal Revenue Service has sweeping powers in the form of the federal tax levy to collect when you don’t pay your taxes. It can take a significant portion of your paycheck, freeze the seize the funds in your bank…
