Category Archives: Wait it out

Retired with Tax Debt what can be done.

Retired with Tax Debt. George from Topeka is 74 years old and owes the IRS he thinks about $2000 from 2005. He retired in 2003 but in 2004 he worked part-time and a 1099 was filed from his employer. He remembers getting a … Continue reading

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Wait it out with Currently not Collectible is a good resolution option.

Don’t pay wait it out.  Tax debt begins from the assessed date of your return and ends ten years later. Many people have avoided their IRS debt by being placed in the Currently not Collectible (CNC).  This means that the IRS may … Continue reading

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