Louisiana's Tax Resolution Firm™
1606 Saint Mary St., Suite C
Scott, LA 70583
What happens when a taxpayer simply can't pay his taxes?
Short answer: "CNC" or "Currently Not Collectible" status.
When the IRS determines that it is presently unable to collect taxes from a taxpayer it will place the taxpayer's account in a "Currently Not Collectible" or "CNC" status.
This means that the IRS will stop trying to collect the tax and the time period for collecting the tax keeps running.
Generally, unless the taxpayer's financial situation changes, the account will remain in CNC status until the collection period expires. If the taxpayer's financial situation improves the account will be taken off of CNC status and the IRS begins to collect the taxes.
Who qualifies? Basically anyone who can prove that he has no income and no available assets to pay the taxes!
Qualification always depends on the circumstances, but for CNC status the big question is: Can the taxpayer can pay??
Let us help you get placed in CNC status. To find out whether you qualify call us confidentially or fill out our confidential contact form which will entitle you to request that someone from our firm contact you to schedule a FREE initial consultation.
Contact Us Online today! Or Call Now! - 337-233-4210