Currently Not Collectible
Currently Not Collectible is a temporary resolution available from the IRS if your financial condition does not allow you to make monthly payments toward your outstanding tax liability. Other terms you may hear that describe this same status are CNC, Uncollectible, or Hardship.
The IRS essentially puts your collection account on hold until your financial situation improves or the outstanding tax liability is no longer collectible by the IRS. This is just one resolution that may help you in your current collection account with the IRS. Please contact us for a free consultation to see if this could be a possible solution to give you some breathing room so you can get back on solid financial ground.