Stop Suffering from IRS Problems

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We are proud to be members
of the following organizations:

American Society of Tax
Problem Solvers

American Institute of
Certified Public Accountants

American Society of CPAs

California Society of CPAs

California Society of
Tax Consultants

The IRS has 10 years from the date of assessment (usually close to the
filing date) to collect all taxes, penalties and interest from the taxpayer.
The taxpayer does not owe the IRS anything after the 10-year date has
passed.

As with all IRS rules, there are exceptions to this rule. Some examples
are, if the taxpayer agrees in writing to allow the IRS more time to collect
from them or if the taxpayer files bankruptcy during the 10 year period.
In both of these situations the period for the IRS to collect is extended
for a specific time.

Taxpayers that are approaching this 10-year date should request copies
of their IRS transcripts to verify the assessment date, so they can
accurately compute when the 10-year statue to collect will expire.

If the IRS is attempting to collect a tax liability which has expired under
the 10 year statue, then the tax payer must inform the IRS in writing that
they no longer have the right to collect this tax liability. If the taxpayer is
correct, the IRS will write off the tax liabilities which have expired.