If during an investigation, the IRS determines that you cannot pay any of your tax debt at the present time, the IRS will temporarily suspend collection against you and place your account in “currently not collectible” status, or CNC. Taxpayers should be aware that penalties and interest continue to accrue during this time and that their case can be reopened in the future, should their financial situation change. In most cases, it is common for the IRS to schedule an automatic two-year follow up on your case after it is first placed in uncollectible status.
As your representative, we will determine if you qualify to be placed in uncollectible status. We will gather your financial statements along with the documentary evidence needed to prove a financial or personal hardship case to the IRS. We will work with the IRS on your behalf to prove that collection on your case should be suspended indefinitely, or at least until your ability to pay improves. Should the IRS deny our request to place your account in uncollectible status, we will prepare and submit a formal appeal and represent you in front of the Appeals Division. As former IRS Auditors and IRS Officers, we know how the IRS works and how to protect you and your assets. Request a FREE consultation with our ex-IRS agents.
For immediate assistance with placing your back taxes in currently-not-collectible status, or another tax matter, contact us today at 1-949-260-4770 for a FREE and CONFIDENTIAL consultation.
We look forward to serving you.
We look forward to serving you.