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You Can Make the IRS Stop All Collections if You Do This

Persons with lower income who owe income taxes can often qualify for “Currently Not Collectible” (CNC) status and not be required to pay their past due IRS taxes. Therefore, it is not that difficult to obtain CNC status if you are in the lower-income bracket. Income Requirements You can qualify if your income is within … Read more

Is TaxSmith Trying to Scare Me With a Levy Threat?

Question: Dear Steve, Worked with TaxSmith for IRS help. Debt about $55k. TaxSmith got me into a CNC status. They now saying the IRS has sent them levies for hundreds of clients. I’m unemployed (unemployment ran out) and my payments TaxSmith were put on hold until working again. They were fine with it as long … Read more