Review the credits below to see what you may be able to deduct from the tax you owe. Oct 26, 2021 · six major u.s. An assessment is nothing more than the recording of your tax debt in. 6502, the length of the period for the irs to collect is 10 years after "assessment" of a tax liability. This company is a diamond in the rough, started initially with tax optima which i paid $2500 over a year span!
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Nov 10, 2021 · the most likely risk being that the irs can countersue for the tax debt owed.
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This could result in a judgment that gives the irs the power to collect on a debt for decades.
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