If you have **old IRS tax debt**, the first thing you should figure out before deciding how to resolve it is your **Collection Statute Expiration Date (CSED)**.
The IRS generally has 10 years to collect an assessed tax debt—but certain events can extend or suspend that collection period. If you owe taxes from years like 2015 or 2016, understanding exactly when the IRS's collection statute expires could have a major impact on how you approach the debt.
In this video, I discuss:
* What the IRS Collection Statute Expiration Date (CSED) is
* Why old tax debt requires a different strategy than newer tax debt
* How to find out when your IRS tax debt may expire
* What a CP504 levy notice can—and cannot—allow the IRS to do
* How Collection Due Process hearings can affect the collection statute
* Currently Not Collectible (CNC) status
* Partial Payment Installment Agreements (PPIAs)
* How some taxpayers may pay only a fraction of an old IRS balance before the remaining debt becomes legally u...
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