IRS Back Taxes Help
Get Back On Track ASAP!
Are you tired of carrying the weight of back taxes on your own? At IRS Fresh Start, we can connect you with tax experts who may be able to reduce or even eliminate your tax debt.
How Long Does The IRS Have to Collect Back Taxes?
Generally, the IRS has 10 years from the date your tax debt was assessed to collect your delinquent taxes. This is known as the Collection Statute Expiration Date (CSED). Once your CSED expires, any remaining tax owed is forgiven.
There are a variety of situations, however, that may suspend or even extend your CSED, including:
- Filing bankruptcy
- Submitting an Offer in Compromise
- Requesting an installment agreement
- Living outside the U.S.
- Filing for Innocent Spouse Relief
You can find your CSED date(s) in your IRS account transcript or seek help from a tax professional.
Need to File Back Taxes? Speak to a Tax Expert Now!
IRS Back Taxes Relief
If you’ve fallen behind on filing or paying your taxes, the IRS can take steps to recover any money owed. This may include garnishing your wages, placing a lien on your property, or even seizing your bank accounts. Thankfully, help is available.
Other options for back taxes relief include submitting an Offer in Compromise or requesting Currently Not Collectible status. Both require a review of your financials. To learn more about your options and which is best for you, speak to a tax consultant today!