Currently Not Collectible

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What can you do if you cannot afford to pay the IRS?

One way to get out of paying off your tax debt is to be declared “currently not collectible.” The IRS can declare you as being “currently not collectible” after reviewing evidence that you cannot pay the taxes you owe. As soon as the IRS determines that you cannot afford to pay any of your tax debt due to economic hardship and declares you currently not collectible, they must stop all collection activities, including levies and garnishments.

While you are in the “currently not collectible” status, the 10-year statute of tax debt collection limitations continues to run. If the IRS cannot collect the tax you owe within the 10-year statutory period, then your tax debt will expire, and you’ll owe nothing to the IRS. A taxpayer facing significant hardships or tax debt burdens should seek a tax professional’s advice specializing in resolving IRS tax debts.

At TAX REP PROS LLC, we have an excellent track record in resolving collection activity. We can negotiate with the IRS for you to have them agree to stop their collection actions. You will not be required to send them any money until you can afford it. TAX REP PROS LLC will successfully stop the IRS from sending you those nasty collection letters, and you won’t have to worry about the IRS taking your salary, bank account, car, or your home.