Thinking you will owe the IRS forever?  Many calls pour in to tax attorneys from taxpayers wondering whether the IRS “statute of limitations” will expire on an old IRS tax debt.  For the most part, the IRS has limitations on how many years it has to collect. IRS tax debt assessment The IRS generally has…

IRS Federal Tax Lien, What do you do when you get an IRS TAX LIEN? Taxpayers who owe the IRS receive many IRS notices.  It gets confusing as to what each notice means and what powers the IRS has regarding each notice.  One such confusion is between IRS tax liens and tax levies.  These terms…

Can’t pay your IRS tax debt? Currently Not Collectible Status May Be an Option Are you falling behind on filing tax returns, paying taxes, or both? The IRS may give you a break if you are found to be experiencing extreme financial hardship.  They may place certain delinquent tax cases in a “currently-not-collectible” (“CNC”) status,…

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