Is there such a thing as a “hardship status” with the IRS?
If you cannot pay your delinquent taxes because of an economic hardship, the IRS can suspend collection efforts against you. This does not mean your debt is forgiven; just that the IRS will defer collection...
Read PostCategory: Currently Not Collectible, Economic hardship and the IRS, IRS Financial Statements, IRS levies and property seizures, Offer in compromise, Statute of limitations on collections