Currently Not Collectible
Do you owe the IRS and can't afford to make any payments at this time? CONTACT US,
you may qualify to be classified as currently not collectible.
There are times when it is obvious that a taxpayer is unable to make any monthly payments because of their financial
situation. Sometimes, making even small monthly payments would cause severe economic hardship. If this situation occurs, the
IRS will not currently pursue collection.
With the proper and accurate information, we can determine if you can qualify for this relief. If so, we will contact the
IRS. If however, we determine that you will not qualify for this relief, we will explain why and recommend alternatives.
If you qualify, we will negotiate with the IRS to classify you as Currently not Collectible. This will place your account
into suspense for one to two years. After that time, they will contact you for updated financial statements.
The good news is that you won't be required to make any payments for a few years. The bad news is that interest and penalties
will continue to accrue on your taxes. Although your tax debt will not go away, this will allow you time to get back on your
If you believe that your situation is such that you cannot make any monthly payments,
CONTACT US IMMEDIATELY! There is no reason why you should suffer with this IRS debt hanging over your head like a sword.
WE CAN HELP YOU.
Another option is an Offer in Compromise.