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FREE CONSULTATIONS

(703) 880-4881

FREE CONSULTATIONS

(703) 880-4881

Currently Not Collectable: Protect Your Finances from IRS Collections

GET YOUR FREE CONSULTATION

When tax debt makes it impossible to afford basic living expenses, the IRS may classify your account as Currently Not Collectable (CNC). CNC halts all active IRS collection efforts, providing breathing room for taxpayers facing financial hardship. 

How CNC Works

CNC status temporarily stops all IRS collection actions, including wage garnishments, bank levies, and asset seizures. While your account is in CNC: 

  • You pay nothing: CNC acts as a zero-dollar payment plan.
  • Your debt remains: The IRS cannot collect, but penalties and interest continue to accrue.
  • The 10-year collection clock runs: The IRS only has a limited time to collect your debt, and that time continues to pass while you’re in CNC status.

This status is a long-term solution that means you do not have to worry about the IRS trying to collect from you directly. They will continue to offset your future tax refunds, if any, during the collection period. But there is no risk of garnished/levied bank accounts or wages.

Usually with CNC, the IRS allows the status for at least two years and may request new information if substantially more income is reported to the taxpayer’s social security number in the future. 

At Ashley F. Morgan Law, PC, we’ve helped many clients navigate this process, thanks to our team’s extensive experience:
  • Arthur Rosatti has successfully negotiated with the IRS and state taxing authorities, helping clients protect their income and assets.
  • Ashley Morgan brings years of experience handling tax issues within bankruptcy cases, providing a unique perspective on how CNC fits into a broader debt relief strategy.

Why Choose Ashley F. Morgan Law, PC for CNC Assistance?

Our team offers:

  • A thorough review of your income, expenses, and assets to strengthen your CNC application.
  • Long-term strategies, such as transitioning to payment plans or Offers in Compromise, once CNC expires or your financial situation improves.
  • Honest, straightforward guidance on all available tax resolution and bankruptcy options.

We also thoroughly evaluate other tax resolution options, ensuring CNC is the right fit for your situation.

Arthur Rosatti and Ashley F Morgan are Leesburg Bankruptcy Attorneys. They help hundreds of Virginia residences with their debt issues every year.

Contact Us for a Fresh Financial Start

If you’re overwhelmed by tax debt, CNC status could be the solution you need. Contact Ashley F. Morgan Law, PC to discuss your options with experienced attorneys who will guide you every step of the way. 

GET YOUR FREE CONSULTATION

Chantilly Office

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Manassas Office

DISCLAIMER

This law firm is a Debt Relief Agency. We help people file for bankruptcy relief under the Bankruptcy Code. This website is advertising material. The information, website links, and materials presented on this website are for general informational purposes only. It does not constitute legal advice. We do not warrant the accuracy, completeness, or usefulness of the information. You should not act or rely on the information without seeking professional counsel. You should consult an attorney regarding your own situation. Additionally, neither your receipt of information from this website, nor your use of this website to contact Ashley F. Morgan Law, PC (hereinafter “the Firm”) or one of its lawyers creates an attorney-client relationship between you and the Firm. You will become a client of the Firm only if and when you sign and engagement agreement setting forth the scope of the Firm’s engagement, the fee arrangement and other relevant matters. As a matter of policy, the Firm does not accept a new client without first investigating for possible conflicts of interests and obtaining a signed engagement letter or fee agreement. Your use of this website does not make you a client of the firm or even a prospective client of the Firm. If you have confidential information that you would like to give to any lawyer at the Firm, please communicate with one if the Firm’s lawyers in person or by telephone.

RS Circular 230 Notice. In accordance with Internal Revenue Service requirements, this is to inform you that any information on this website that could be construed as United States tax advice is not written or intended to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter addressed on this website. See IRS Circular 230.