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What is a “temporary delay” in the collection process?

In Taxes - Asked by Admin - 7 months ago

If the IRS determines that you cannot pay any of your tax debt, they may temporarily delay collection until your financial condition improves. You should know that if they do delay collecting from you, your debt will increase because penalties and interest are charged until you pay the full amount.

Answered by Admin - 7 months ago


Tags: tax debt, debt, taxes, what is a “temporary delay” in the collection process?

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