by TaxResolution360 | Jun 26, 2024 | Your IRS Questions
It depends. The IRS is barred, by law, from collecting on a tax debt that’s 10 years or older from date of assessment. It’s called the 10-year Collection Statute Expiration Date or CSED. However, this 10-year clock starts with the filing of a tax return...
by TaxResolution360 | Jun 26, 2024 | Consequences
A dentist in private practice in Connecticut, was sentenced to 10 months in prison for tax evasion. The dentist’s troubles with the IRS go way back. For tax years 2010 through 2012, he filed his returns jointly with his wife, but failed to pay the money owed....
