{"id":166,"date":"2010-09-30T21:21:30","date_gmt":"2010-09-30T21:21:30","guid":{"rendered":"http:\/\/www.taxdebtadvisors.com\/blog\/?p=166"},"modified":"2022-07-19T17:09:29","modified_gmt":"2022-07-19T17:09:29","slug":"cnc-status-and-discharging-taxes-in-bankruptcy","status":"publish","type":"post","link":"https:\/\/taxdebtadvisors.com\/blog\/cnc-status-and-discharging-taxes-in-bankruptcy\/","title":{"rendered":"CNC Status and Discharging Taxes in Bankruptcy"},"content":{"rendered":"<h1>Can I discharge taxes in bankruptcy?<\/h1>\n<p>CNC stands for currently not collectible.\u00a0 That means that the IRS does not require you to make any payments towards your tax liability.\u00a0 Almost all of our clients who want to discharge taxes in a bankruptcy will have to wait 2 or 3 years depending on the assessment dates of past returns with taxes owed.\u00a0 If you quality for a CNC status, you have the benefit of not having to pay any money towards your tax debt while you are waiting to <a href=\"https:\/\/taxdebtadvisors.com\/discharge-it-bankruptcy-facts.html\">discharge your taxes<\/a> in a Chapter 7 Bankruptcy.\u00a0 The important question to get an answer on is then\u2014do you qualify to file a Chapter 7 bankruptcy.\u00a0 There are limitations to the amount of income you are earning and assets you own.\u00a0 A consultation ahead of time can allow you to prepare for qualification to discharge your tax liability.\u00a0 Scott Allen EA of Mesa Arizona in 85204 offers free consultations for IRS debt settlement options. Give him a call today at 480-9269300.<\/p>\n<p>Scott Allen E. A.<\/p>\n<p>Tax Debt Advisors Inc<\/p>\n<p><a href=\"http:\/\/www.taxdebtadvisors.com\">www.taxdebtadvisors.com<\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Can I discharge taxes in bankruptcy? CNC stands for currently not collectible.\u00a0 That means that the IRS does not require you to make any payments towards your tax liability.\u00a0 Almost all of our clients who want to discharge taxes in a bankruptcy will have to wait 2 or 3 years depending on the assessment dates [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[26,45,70],"tags":[57],"_links":{"self":[{"href":"https:\/\/taxdebtadvisors.com\/blog\/wp-json\/wp\/v2\/posts\/166"}],"collection":[{"href":"https:\/\/taxdebtadvisors.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/taxdebtadvisors.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/taxdebtadvisors.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/taxdebtadvisors.com\/blog\/wp-json\/wp\/v2\/comments?post=166"}],"version-history":[{"count":2,"href":"https:\/\/taxdebtadvisors.com\/blog\/wp-json\/wp\/v2\/posts\/166\/revisions"}],"predecessor-version":[{"id":7230,"href":"https:\/\/taxdebtadvisors.com\/blog\/wp-json\/wp\/v2\/posts\/166\/revisions\/7230"}],"wp:attachment":[{"href":"https:\/\/taxdebtadvisors.com\/blog\/wp-json\/wp\/v2\/media?parent=166"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/taxdebtadvisors.com\/blog\/wp-json\/wp\/v2\/categories?post=166"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/taxdebtadvisors.com\/blog\/wp-json\/wp\/v2\/tags?post=166"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}