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How Long is the Duration of a General Tax Lien?

 Nothing lasts forever. The same is true with tax liens. A general tax lien exists when the assessment is made. It continues until the taxpayer satisfies the assessed amount of tax liability, or it becomes unenforceable by the lapse of time.      Duration of General Tax Liens  As stated above, an IRS tax lien becomes unenforceable …

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Common Misconceptions about Currently Non-Collectible Status

Among the various tax relief options available to individual taxpayers, filing for currently non-collectible status (CNC) is one of the most confusing and difficult options. The process is even more difficult if you’re doing it without the help of a tax lawyer. Yet, currently non-collectible status can dramatically improve finances and secure relief from IRS …

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Why Does The IRS Even Want To Settle Tax Debt Through An Offer In Compromise?

As people facing IRS collections understand all too well, the power to tax involves the power to destroy. A cycle of bank levies, wage garnishment, offset tax refunds, and recorded tax liens can demoralize tax debtors. Worse yet for the government, that cycle of IRS collections can incentivize tax debtors to not comply with future …

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What The Sacramento Tax Blog Is About

As a bankruptcy attorney, I regularly encounter tax debt.  However, bankruptcy is not always the perfect vehicle for achieving tax resolution.  In brief, recent income tax debt, payroll tax liability, and other non-dischargeable tax obligations cannot be eliminated in chapter 7 bankruptcy.  In general, only income tax debt at least 3 years old whose tax returns were …

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