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Currently Not Collectible Status

I Don’t Have The Money To Pay My Taxes! What Do I Do?

If you have lost your source of income and have no available assets to pay your taxes, then you may qualify for “CNC” of “Currently Not Collectible” status.

Losing your ability to pay is a circumstance that many people find themselves in. If you can prove that you have lost your income or that you are not able to pay your taxes and reasonable living expense, then the IRS may give you CNC status. This does not eliminate your debt and you will still incur interest charges, but at least you won’t have to worry about a bank levy.

The CNC status gives you time to get back on your feet without worrying about a bank levy. So let Grand Law Firm help you get placed in CNS status.

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