Owe Back Taxes? Worry Not: Ten-Year Statue of Limitations Could Dissolve Your IRS Debt
Thursday, January 14th, 2010If you owe the IRS back taxes, there is hope that you may not have to pay all of it back if you wait long enough.
Many taxpayers are unaware of the 10-Year Statue of Limitations the IRS must abide by. From the date of your assessment to the ten year mark is the only time the IRS can hold you accountable for payment of your back taxes or unpaid income






