How Long Does IRS Have To Collect Past-Due Taxes?
Asset protection planning does not protect against IRS debt. Nevertheless, clients sometimes ask me how long the IRS has to assess additional tax and to collect unpaid taxes. I saw a good summary of the topic on a post written on a well-known tax blog called Taxgirl. The blog is published by Kelly Phillips Erb and is an excellent source of tax information. All I know about IRS's collection of past due tax debt is what I read on Taxgirl.
