Raleigh Non-Collectible Tax Status Attorneys

If you are living in or around Raleigh and have tax bills that you can’t afford to pay, you may be able to get temporary relief from demands of repayment by establishing non-collectible tax status on your account with the IRS. The experienced tax team at Bradford Law Offices is here to guide you through this process. We know that owing money to the IRS can lead to serious financial difficulties.

When your current finances don’t provide you with the means to pay back your tax bill without devastating consequences, you may apply for “Currently Not Collectible” status. When the IRS assigns this status to your account, they place a temporary halt on any efforts to collect repayment for the taxes you owe for up to a year or two. This can give you the necessary time to improve your financial situation enough to better deal with what you owe. However, you can only receive this status if you are able to meet the requirements set by the IRS. Organizing the evidence of your financial difficulties properly and establishing the right arguments can be difficult, but it is crucial to the success of your request.

The Raleigh non-collectible tax lawyers at Bradford Law Offices are here to help you with this complex preparation process. We have more than 25 years of experience preparing clients for all manner of tax collection difficulties, and we know just what the IRS needs to see and hear to meet their expectations for this temporary form of relief. If you need the help that comes with a “Currently Not Collectible” status on your tax debt account, come to the Raleigh-based, experienced tax lawyers at Bradford Law Offices. Call us at (919) 758-8879 today for a free and confidential discussion of your issues.

How a Tax Lawyer Can Help You

Few areas of law are as complex or ever-changing as tax law. When you require immediate relief from the IRS, attempting to apply for a change in the status of your debt collection can be difficult unless you fully understand the law. By working with an experienced tax lawyer, you can get the help you need to organize your financial information in order to successfully receive the relief that comes with the “Currently Not Collectible” status.

Receiving this change in your collection status can be the difference between full repayment and future bankruptcy. Don’t put your finances and your future at risk by attempting to complete this process alone.

Bradford Law Offices Provides You a Full Understanding of Even the Most Complex Tax Laws

Your case requires a dedicated lawyer that understands every aspect of your finances, your debt, and the tax laws that are putting you at risk. Danny Bradford of Bradford Law Offices has focused his practice on helping Raleigh residents like you with tax and debt difficulties.

Since opening his practice in 1996, Mr. Bradford has helped countless North Carolinians overcome seemingly impossible debt and tax troubles by using tax laws to benefit his clients. No matter what your particular circumstances or the state of your tax debt may be, Mr. Bradford can help you get the relief you need when you need it.

As a native North Carolinian, Mr. Bradford sees it as part of his duty to help his neighbors and fellow citizens use tax laws to their greatest advantage, particularly when their current and future financial prospects are on the line. When you bring your case to Bradford Law Offices, you’ll get the best legal and financial advice available, making it far more likely that you succeed in changing your tax debt status to “Currently Not Collectible.”

How to Get “Non-Collectible” Status with the IRS

The IRS can grant non-collectible status for many different reasons. While the primary reason may be for undue hardship, other situations may also apply to your circumstances. Some of the most common reasons for a tax account to be assigned “Currently Not Collectible” status include the following:

  • Collection would cause hardship – This situation is usually the most relevant for our clients. If collecting on a tax debt will make it hard for you to otherwise meet your necessary living expenses, you can ask for non-collectible status.
  • Inability to locate a taxpayer – If the taxpayer can’t be located by the IRS, the account may go into non-collectible status.
  • The taxpayer is in a foreign country – If the taxpayer resides in a foreign country where it is impossible to make payments, this status can be employed until the debt can be collected.
  • Death of the taxpayer – This status is used when the taxpayer has died and it is not possible to collect from descendants.
  • A business remains open but unable to pay – Non-collectible status is not just available to individuals. It can also be applied to corporations, LLCs, exempt organizations, and other entities that remain in business but cannot currently pay their debt.
  • Corporation liquidation – If a corporation is liquidated, the account status may change to reflect that.

While the “Currently Not Collectible” status does not protect you from increasing interest on your account or result in forgiveness for your debts, it can provide you with the time you need to get your finances in better order. Regardless of which reason you have for pursuing this change in the status of your tax account, Bradford Law Offices will help you arrange the evidence and arguments you need before speaking to the IRS.

Get Tax Debt Relief Today!

A year without a tax bill can make all the difference in protecting yourself from financial devastation. When your financial situation is so precarious, there is no room for error or delay in getting this relief. That’s why, if you or someone you know in the Raleigh area needs the tax debt relief that comes with the “Currently Not Collectible” status, contact Bradford Law Offices right away. Call us at (919) 758-8879 to discuss your case in a free and confidential consultation. You don’t have to resign yourself to financial struggle. Our tax debt resolution team can help you get the tax debt relief you need today.

Written By: Danny Bradford Last Updated: April 28, 2023