Tom Talks Taxes - July 19, 2021

Overview of the collection statute of limitations

How Long Can the IRS Collect a Debt?

In Procedurally Taxing, there is an excellent article related to the collection statute of limitations: Levy on Social Security Benefits: IRS Taking Payments Beyond Ten Years of Assessment Still Timely.

The summary of the article is that an IRS levy on social security benefits, once in place, continues even after the c…

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