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IRS ‘Currently Not Collectible’ Status Can Pause Tax Debt

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What Is Currently Not Collectible (CNC) Status? The IRS offers a relief option known as “Currently Not Collectible” (CNC) status for taxpayers who are unable to pay their tax debt due to financial hardship. When your account is placed in CNC status, the IRS temporarily pauses collection efforts, giving you time to stabilize your finances. … Read more

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