IRS Accepts Currently Not Collectible Status In Place of an Unmanageable Installment Agreement in Renton, WA
IRS Replaces Unmanageable Installment Agreement with a Currently Not Collectible Status – 01-15-2015
Taxpayer Situation: The taxpayers worked with another tax resolution firm that got them into an unmanageable Installment Agreement. The Taxpayers were told this was the best they could do and were about to default on their next payment. They had borrowed from friends and family just to get this far. The taxpayers were desperate and could not currently pay the IRS anything on a $68,465 debt.
Resolution Outcome: Legacy Tax & Resolution Services successfully negotiated a Currently Not Collectible Status with the Internal Revenue Service Appeals Office for a client in Renton, WA.
Tax Savings: $68,46 if the taxpayer can remain in the Currently Not Collectible Status for the remainder of the collection statute, which in this case was 2 years.
If you need help negotiating with the IRS or State, don’t hesitate to contact Legacy Tax & Resolution services at (855) 829-5877.