Currently Not Collectible Archive

Can You Use The IRS Currently Not Collectible Status?
June 24, 2021
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If you're looking to apply for IRS CNC Status then there are some important things you have to do. First, you have to file any and all federal tax returns for the past year that you're required to file, then you have to maintain these forms on a monthly basis.

“How to” Guide Obtaining Currently Not Collectible (CNC) Status from the IRS
May 20, 2021
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If you're experiencing a financial challenge, take into consideration CNC condition.

CURRENTLY NOT COLLECTIBLE – DEFINED
May 16, 2021
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This status is only for taxpayers whose expenses exceed their income.

Currently Not Collectible Status Due to 2020 Crisis
April 22, 2021
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CURRENTLY NOT COLLECTIBLE
A taxpayer can have all collection activity halted if they are under “Currently Not Collectible” status. This status is only for taxpayers whose expenses exceed their income. The IRS will look at national standards in order to determine if the taxpayer could afford their basic living expenses.