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Currently Not Collectible Status

The Options Available to Taxpayers to Solve IRS Problems-Currently Not Collectible Status

Monday, December 10th, 2007

The 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 […]

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