Category Archives: IRS News

IRS Lowers Collection Financial Standards

The IRS just recently lowered their collection financial standard figures for many sections. The updated figures can be found on the Collection Financial Standards page. This will make it harder for some taxpayers to now qualify for a settlement on … Continue reading

Posted in IRS News, Offer In Compromise | 10 Comments

CNC Tax Program Review

The CNC tax program, or IRS’ Currently Non Collectable status, is essentially placing your case into a $0 payment plan per month. You may have heard about the cnc tax program on the radio or even gone to cnctaxprogram.com, only … Continue reading

Posted in IRS News | Leave a comment

IRS Issues Warning of Potential Scam

Warning from IRS about new phone and email scams.     From the IRS:   IRS Reiterates Warning of Pervasive Telephone Scam   IR-2014-53, April 14, 2014 WASHINGTON — As the 2014 filing season nears an end, the Internal Revenue … Continue reading

Posted in IRS News | Tagged , , , | Leave a comment