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What is the statute of limitations on IRS collections?

April 26, 2017collections IRS limitations Statute

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What is the statute of limitations on IRS collections?

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The IRS has only 10 years to collect delinquent taxes. Taxpayers erroneously believe if they “wait out” this period, they are home free. This is usually not the case. Even though it may take many years, the IRS has the ability to locate you through multiple, computer-linked sources.