Did You Receive a CP504 While You Are in CNC Status With a Close CSED?

The IRS is sending out CP504 Notices like crazy right now — including to those who thought they were in currently not collectible (CNC) status. The CP504 is a threatening notice and not one that should be ignored, but what about if the IRS's 10-year time limit to collect your tax debt is about to expire? In this video, I explain to a viewer how I would think through this issue.

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Table of Contents:
0:00 What Is Currently Not Collectible (CNC) Status
1:43 What Is the IRS's Collection Statute Expiration Date (CSED)?
2:33 What Is IRS Notice CP504?
3:46 What Can the IRS Do After It Sends You Notice CP504?
4:53 Will the IRS's CSED Pass Before the IRS Can Levy You?
6:50 How to Get Absolute Peace of Mind

#taxdebt #taxrelief #taxresolution

Видео Did You Receive a CP504 While You Are in CNC Status With a Close CSED? канала Logan Allec