Day: December 24, 2024
Received A Cp504 Notice? Here’s What It Means And What To Do
Receiving an IRS CP504 notice can be alarming for any taxpayer. This official correspondence serves as the IRS's notification that you have unpaid taxes, and it signifies that they are preparing to take serious action if you do not address...
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CNC Status Meaning: A Guide to IRS Currently Not Collectible Status
As of the latest figures from the U.S. Internal Revenue Service, collected $104.1 billion in unpaid taxes, penalties, and interest by 2022. Despite the risks of harsh penalties, asset seizures, and potential jail time, millions of individuals still find themselves...
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IRS CNC Status: How to Qualify and What It Means for Your Tax Debt
As of the latest figures from the U.S. Internal Revenue Service, collected $104.1 billion in unpaid taxes, penalties, and interest by 2022. Despite the risks of harsh penalties, asset seizures, and potential jail time, millions of individuals still find themselves...
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