Currently Not Collectible Status

What do you if you owe money to the IRS, are being threatened by levies or asset seizures, but don’t have the financial ability to repay the IRS?

Currently Not Collectible Status (CNC) with the IRS means that the IRS has determined that according to their guidelines, the taxpayer does not have the ability to make monthly payments.  The taxpayer’s income is used up by or exceeded by allowable expenses and does not have any net equity available to pay the amount owed.

If you qualify for Currently Not Collectible Status, while the IRS can file a Federal Tax Lien against your assets, they cannot take enforcement action such as levies or asset seizures.

How Can We Help

Our firm specializes in resolving IRS Collection Cases.  We have a clear understanding of all resolution alternatives including Currently Not Collectible Status, and we can help you to understand if you qualify, and work with the IRS to get you qualified.

For a Free Phone Consultation

Please feel free to call us at 972-821-1991 or email us at at no obligation to confidentially discuss your tax problem  and the best solution for your situation.