Navigating the IRS Hardship Program: Expert Guidance from Victory Tax Lawyer
Introduction: The IRS Hardship Program offers relief for taxpayers facing financial hardship, providing options to settle tax debts and avoid overwhelming financial burdens. Victory Tax Lawyer specializes in navigating this program, offering expert guidance and advocacy to individuals and businesses in need. In this comprehensive guide, we will explore the intricacies of the IRS Hardship Program and how Victory Tax Lawyer can assist taxpayers in achieving relief and financial stability. Understanding the IRS Hardship Program: The IRS Hardship Program, officially known as the Currently Not Collectible (CNC) status, is designed to provide temporary relief for taxpayers who are unable to pay their tax debts due to financial hardship. Qualifying for CNC status allows taxpayers to temporarily suspend IRS collection activities, including wage garnishments, bank levies, and asset seizures. While in CNC status, taxpayers are not required to make payments on their tax debts, providing ...