10 year statute: Houston, TX: The IRS 10 Year Collection Statute - Why It Is Important - 03/27/19 02:08 PM
In my practice serving tax clients in Houston, TX and Lufkin, TX  representing them before the Internal Revenue Service we often tell our clients about the 10 year collection statute and how it affects our strategy. 
 
So what is the 10 year collection statute?  Once the IRS has assessed you with a tax liability they have 10 years to collect your tax debt.  In most cases, after that 10 years has expired so has your IRS tax debt.
 
Now there are actions that can be taken on a client's part that will freeze the statue and prevent it from running.  Actions like filing … (0 comments)

 
Rachel Kennerly, CPA, CPA specializing in IRS Tax Resolution. (Rachel Kennerly, CPA)

Rachel Kennerly, CPA

CPA specializing in IRS Tax Resolution.

Lufkin, TX

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Rachel Kennerly, CPA



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