collection financial standards

How Much Does the IRS Let Delinquent Taxpayers Live On?

December 15th, 2022|Categories: Accountant, Burns Firm, CPA, CPA Dallas, CPADallas, Dallas CPA, Delinquent Tax, IRS, Services, Tax, Tax Advisor, The Burns Firm|Tags: , , , , , |

The IRS uses "Collection Financial Standards" to help determine a taxpayer's ability to pay a delinquent tax liability. Allowable living expenses include those that meet the test of being necessary to provide for [...]

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