Archive for December, 2007
« Previous Entries Next Entries »The Options Available to Taxpayers to Solve IRS Problems-Statute of Limitations
Friday, December 14th, 2007The 6th and Final Installment in the Series-Options Available to Taxpayers to Solve Their IRS Problems
Statute of Limitations
The IRS does not have forever to collect the money that you owe them. They cannot chase after you for the rest of your life.
There is a 10 year statute of limitation for collecting tax (6 years for […]
Topics: Statute of Limitations |
711 Views |
Email This Post
|
Print This Post
|
Add comment
Help others find this article at:
del.icio.us Digg Furl Reddit Google StumbleUpon Technorati
The Options Available to Taxpayers to Solve IRS Problems-Bankruptcy
Wednesday, December 12th, 2007The 5th Installment in the Series-Options Available to Taxpayers to Solve Their IRS Problems
Bankruptcy
Bankruptcy proceedings discharge certain taxes including federal income taxes. Federal income taxes can be discharged in a Chapter 7 bankruptcy proceeding. Many penalties and other assessments can be discharged through a Chapter 13 payment arrangement. Payroll tax liabilities cannot be discharged in […]
Topics: Bankruptcy |
370 Views |
Email This Post
|
Print This Post
|
Add comment
Help others find this article at:
del.icio.us Digg Furl Reddit Google StumbleUpon Technorati
The Options Available to Taxpayers to Solve IRS Problems-Currently Not Collectible Status
Monday, December 10th, 2007The 4th Installment in the Series-Options Available to Taxpayers to Solve Their IRS Problems
Currently-not-Collectible
Currently-not-Collectible status means the taxpayer does not presently have the ability to pay their tax debts. The IRS uses this status to protect taxpayers from hardships that can be caused by collection activity.
To qualify for Currently-not-Collectible status, your allowable expenses […]
Topics: Currently Not Collectible Status |
361 Views |
Email This Post
|
Print This Post
|
Add comment
Help others find this article at:
del.icio.us Digg Furl Reddit Google StumbleUpon Technorati