Most of the cases we work, this is the response of the clients. Believe it or not, the IRS knows and understands this. The IRS has provided a category for taxpayers that fall into this situation. These are called hardship status cases.
With the economy getting worse and worse, the noncollectable cases will skyrocket. Always remember, there are very strict standards set up for those cases where the IRS is writing off the case, we can help now.
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