Currently Not Collectible status exists solely to protect people from the aggressive tactics of the IRS Collection Division. This program is useful for those who need time to adjust their financial situations in order to pay off their taxes. Taxpayers who qualify for Currently Not Collectible status will not be subject to either an IRS Bank Levy or IRS Wage Garnishment. Negotiating Currently Not Collectible status indicates to the IRS that you are serious about your responsibility to pay off taxes you may owe but do not have the funds to pay at this time.
“Currently Not Collectible, or CNC, status is an excellent tool we have used to protect our clients from aggressive collection activity. I understand how traumatic IRS collection can be, and my staff will do everything in their power to stop it” –Tony Gagliardo, CEO
Once the IRS declares a taxpayer currently not collectible, the IRS must stop all collection activities, including levies and garnishments. While in a Currently Not Collectible status, the 10-year statute of limitations on tax debt collection is still running. If the IRS cannot collect the tax within the 10-year statutory period, then the tax debts will expire.
“I had an issue with the IRS and Tax Group Center helped resolve it in a timely matter, I would highly recommend them to my friends and family. I would definitely use their services again.” –Adrian G, Client
About Tax Group Center
Tax Group Center serves clients nationwide with a variety of tax resolution, tax preparation, and accounting services. The professional staff at Tax Group Center separates themselves from the competition through their continued education and dedication to their clients.
To learn more about the Currently Non Collectible program and find out what a Tax Group Center tax attorney or enrolled agent can do to protect your financial future contact us at (877) 605-7635 or visit our website at www.taxgroupcenter.com.
Tax Group Center
Tax Group Center