tax collections

tax collections

IRS Revenue Officer Enforcement Against Businesses

8 February, 2026 | tax collections

What to Do If the IRS Assigns a Revenue Officer to Your Business A Revenue Officer assignment means the IRS has escalated your case and placed it in the hands of a field agent whose job is to secure compliance and collect what the government believes it is owed. The Revenue Officer is personally focused on collecting your business's back taxes. Revenue Officers do not operate from a call center, and they are not limited to sending letters. They are trained to work face-to-face with tax... CONTINUE READING

Can You Be Personally Liable for Unpaid NY Business Tax?

23 July, 2025 | tax collections Tax Debt

Who Can Be Held Personally Liable for New York State Business Taxes? In New York, the Department of Taxation and Finance (DTF) has the right to hold individuals responsible for unpaid sales or withholding taxes. The state is willing to go after individuals who have the authority and responsibility to track, calculate, withhold, deposit, or otherwise remit the business's sales or payroll taxes to the NYS DT... CONTINUE READING

What Happens When You Close a Business with Tax Debt?

23 July, 2025 | payroll tax tax collections

Shutting Down a Business With Tax Debt What to Expect and What You Need to Do: Making the decision to shutter your company can be stressful, but it also means having to manage existing tax debt. It’s a misconception that closing your doors gets you off the hook. If you owe federal or New York State taxes, the business is financially responsible for paying them, and in some cases, you may be personally liable for unpaid... CONTINUE READING

New York State Tax Debt—Collection Statute of Limitations

20 April, 2025 | tax collections Tax Debt

Statute of Limitations on NY State Tax Debt—How Long Can They Collect? After state taxes have been assessed, the Department of Taxation and Finance (DTF) can only collect taxes for a set period of time. In New York State, the statute of limitations is generally 20 years. However, there are exceptions, and the starting point for the 20 years depends on the specific details of your tax situation. This limit differs for each state, and as a New York resident... CONTINUE READING

IRS Collection Statute: A Key Consideration for Every Taxpayer

20 December, 2024 | tax collections

Summary The IRS has 10 years to collect unpaid taxes, which is called the Collection Statute Expiration Date (CSED). The CSED is triggered when the IRS assesses taxes or a tax return is filed. Certain events, like filing for bankruptcy or applying for an Offer in Compromise (OIC), can toll the CSED, pausing the IRS’s collection efforts and extending the collection timeframe. While waiting for... CONTINUE READING

Letter 9297 – IRS Has Assigned a Revenue Officer to Your Case

8 September, 2024 | tax collections

Summary IRS Letter 9297 (Summary of Taxpayer Contact) indicates that an Internal Revenue Service (IRS) revenue officer is working on your account, and the agency needs your financial information. The IRS typically assigns accounts to revenue officers when taxpayers have compliance issues, a substantial back tax balance, or the agency's automated approach has failed to collect payment. Form 9297 lists the documents and information you must provide t... CONTINUE READING

IRS Automated Collection System (ACS)

7 April, 2024 | Payment Plans tax collections Tax Help Tax Issues

What to Expect When the IRS's Automated System Tries to Collect Your Back Taxes If you have outstanding tax debts your account is typically sent to the IRS Automated Collection System (ACS). The ACS is a system used to manage the collection of outstanding IRS tax debts from individual taxpayers and businesses. If you have received a notice from IRS ACS and are unsure what to expect, here’s everything you need to know. What is the IRS Automated Collection System? The IRS Automated Col... CONTINUE READING

IRS & NYS Tax Collections: Differences & What to Expect

IRS vs New York Tax Collections: What’s Different and Why It MattersIf you owe taxes to both the IRS and New York State, you need to make payment arrangements separately with these agencies. You also need to be aware of their unique collection processes, so that you know what to expect...