FAIR DEBT COLLECTION If you use credit cards, owe money on a personal loan, or are paying on a home mortgage, you are a “debtor.” If you fall behind in repaying your creditors, or an error is made on your accounts, you may be contacted by a “debt collector.” [...]
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IRS Collection Statute Expiration Date (CSED)
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Today, we’re going to talk about what’s known as a collection statute expiration date (CSED), and the IRS will sometimes call it the COSED. I’m not really sure — it’s not really an accurate acronym, but that’s what they call it. It stands for the proposition that a tax liability only has a 10 year [...]
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