What Tolls the IRS Collection Statute? A Columbus Tax Attorney Explains

The IRS has 10 years to collect a tax debt starting when a tax return is filed. Certain actions taken by a taxpayer can toll or stop the IRS collection statute from running and extend the 10 year period from when the return was filed. Filing bankruptcy, filing an offer in compromise or requesting a Collection Due Process Hearing all toll the collection statute. If you have questions relating to your collection statutes with the IRS, a tax attorney is likely to be able to assist you with the matter.

Get in touch with the McGuire Law Firm in Columbus, Ohio, for a free consultation with a tax attorney.