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William's Tax Planning Blog

By William Perez, About.com Guide to Tax Planning since 2004

Currently Not Collectible: Temporarily Stop IRS Collections

Friday June 30, 2006
If you are facing a dire financial situation, the IRS may voluntary agree to stop collection activities and give you time to get back on your feet before repaying your tax debts. If you qualify, you'll find relief from the stress of harassing letters, wage garnishments, and bank levies.
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