Facing IRS debt but can't afford payments? Our CPAs help Florida businesses qualify for Currently Not Collectible status, temporarily stopping collection actions while you get back on your feet.
Global International
CEO
Rinaldo Sintjago
Franchise Director AAMCO Transmissions
Luis Lopez
CEO of C&L Logistics
Currently Not Collectible (CNC) status tells the IRS you can't pay your tax debt right now. The IRS stops collection actions like levies and garnishments when you prove paying would create financial hardship. You still owe the debt and interest keeps adding up, but the IRS pauses active collection efforts. This status isn't permanent. The IRS reviews your finances periodically and can remove CNC status if your situation improves.
.avif)
Anyone who owes the IRS but can't afford payments qualifies for consideration. This includes businesses facing cash flow problems, taxpayers with medical expenses or emergencies, or anyone whose basic living expenses exceed their income. If paying the IRS means you can't afford rent, food, or necessary expenses, you might qualify. CNC status gives you breathing room while you recover financially.
We guide you through the entire CNC application. First, we analyze your financial situation and gather required documentation. Then we complete Form 433-A or 433-B and submit your hardship case to the IRS. We negotiate with revenue officers and respond to any IRS questions. Once approved, we monitor your status and help you transition to a payment plan when your finances improve.
Let us help you qualify for Currently Not Collectible status and get the relief you need during tough times.
Explore our comprehensive CPA and CFO Accounting services tailored for small businesses in Florida. Achieve financial success with UpFront CPA & Bookkeeping by your side.
Experience peace of mind by streamlining your finances, reducing tax burdens, and focusing on growing your business.
