| The statute of limitations on the collection of a tax | | | | federal court. This does not happen very often, so I |
| liability is 10 years. (Internal Revenue Code 6502.) After | | | | am told. |
| ten years the debt is wiped out. (continue to read for | | | | 3. If you file an Offer in Compromise, or traveling or |
| provisional conditions) | | | | living outside of U.S., or involved in a dispute with IRS, or |
| There are a number of ways the ten-year period can | | | | file bankruptcy or request a Taxpayer's Assistance, |
| be extended. | | | | sign a waiver form or request any kind of hearing; |
| 1. The ten-year period does not start until you file your | | | | your ten-year period is extended until any of these |
| tax return and IRS assesses the tax against you. So | | | | issues are involved.usually IRS will make every effort |
| NOT filing a return and hiding for 10 years won't get | | | | to collect the Tax liability before the 10-year period is |
| your tax debt wiped out. | | | | up. This includes garnishment of your wages and |
| 2. IRS can extend the ten-year period by suing you in | | | | placing a levy on your bank account. |