Jacksonville Currently Not Collectible Status Attorney
It is not uncommon to file taxes only to discover you owe money to the IRS. In situations where paying this debt immediately is not an option or would create hardship for you and your family, our Jacksonville Currently Not Collectible status attorneys can request a delay.
With more than 50 years experience as a licensed attorney, Certified Public Accountant, and former Special Agent for the FBI investigating tax cases, Ronald Cutler, P.A. is dedicated to protecting you against IRS collection actions. One of the options available is to have your account be placed on Currently Not Collectible (CNC) status.
Do You Owe Tax Debts You Currently Cannot Pay?
According to a 2020 CNBC report, as many as one out of every five people end up owing money to the IRS. Paying the amount you owe in one lump sum or even making payment arrangements may be a challenge. In this situation, our Jacksonville tax attorneys can advise you on whether requesting Currently Not Collectible (CNC) status is an option.
CNC status is a temporary measure that can help people who owe money to the IRS and are currently unable to pay. It does not erase your tax debt, but it does delay payment while protecting you against collection actions such as wage levies and liens on your property.
Jacksonville tax attorney Ronald Cutler, P.A. negotiates CNC status on behalf of clients when paying the IRS would prevent them from meeting their basic living costs and daily needs. CNC status may also be used to avoid legal actions in the following types of situations:
- When a loved one dies and there are not enough assets to collect from the estate;
- When a taxpayer cannot be contacted or their assets cannot be located;
- When the taxpayer’s whereabouts are unknown, provided contact can be made with them.
In the above situations, being placed on CNC status can protect the person’s income and property, as well as loved ones who may be relying on them.
How Our Jacksonville CNC Attorneys Can Help You
IRS Internal Revenue Manuals outline additional situations in which a taxpayer may be eligible for CNC status and the steps needed to get this status approved. With decades worth of experience in interpreting tax codes and applying them in various situations, Jacksonville CNC attorney Ronald Culter can guide you through the process while taking the actions needed to get your request approved. This includes:
- Reviewing your tax returns and the amount owed to the IRS;
- Reviewing any IRS correspondence you may have received;
- Formally requesting CNC status;
- Gathering the information and evidence needed to support your request.
Let Us Help You Today
When you own money on your taxes, simply ignoring the IRS is not an option. Jacksonville tax attorney Ronald Cutler, P.A. can help to protect you against serious penalties you face for non-payment. To discuss if Currently Not Collectible status is an option in your case, call or contact our office online to request a consultation today.