Time Period for Collecting Taxes - John R. Dundon II, Enrolled Agent
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Time Period for Collecting Taxes

Time Period for Collecting Taxes

By law, the IRS has the authority to collect outstanding Federal taxes for 10 years from the date your tax liability was assessed. The 10-year collection period is suspended:

●  while the IRS and the Ofice of Appeals consider a request for an installment agreement or an offer in compromise.

●  from the date you request a CDP hearing until Appeals issues a CDP Notice of Determination or, if you seek review in the Tax Court, until the Tax Court’s decision becomes final, including appeals to a United States Court of Appeals.

●  from the date you request innocent spouse relief until a final Notice of Determination is issued or, if you seek review in the Tax Court, the date the Tax Court decision becomes final and for 60 days thereafter. If, however, you appeal the Tax Court’s decision regarding your right to innocent spouse relief to a United States Court of Appeals, the collection period will begin to run 60 days after the filing of the appeal unless a bond is posted with the appeal.

●  for tax periods included in a bankruptcy while the automatic stay is in effect, plus an additional six months.

●  while you are residing outside the United States, if you are absent for a continuous period of at least six months. The amount of time the suspension is in effect will be added to the time remaining in the 10­year period. For example, if the 10-year period is suspended for six months, the time left in the period we have to collect will increase by six months.