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Currently Not Collectible

internal revenue service building with traffic lights

The IRS will place a taxpayer's account in a currently not collectible (CNC) status if they determine that the IRS is presently unable to collect the taxes by full payment, through an installment agreement, or by way of an offer in compromise. Once the account is in currently not collectible status, the IRS does not pursue collection activity against the taxpayer and the collection statute will continue to run. Penalties and interest continue to accrue, however, nothing changes unless the taxpayer's financial status changes.

If you are dealing with a non collectible tax situation and are located near Gig Harbor, Washington we can help. Please call us at (253) 358-0222 or contact us.