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UK PM launches bid to help homeless, donating part of his wages
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All Blacks must get 'everything right' to beat Springboks, says legend Fitzpatrick
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Golden Shoe winner Kane hopes for Ballon d'Or after 'best season ever'
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Robinson and Tongue star as Pakistan all out for 171 in England opener
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Kyiv's ex-defence chief makes risky bet by venturing into electoral grounds
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Lake Zurich sees water level hit record low amid drought
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Coventry have survival inspiration says Lampard
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Merck and Moderna's tailored cancer drug curbs melanoma recurrence in trial
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Reijnders leaves Man City for Saudi's Al Qadsiah
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Referees chief Webb wants clamp-down on Premier League set-piece grappling
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Trump says will meet North Korea's Kim later this year
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Robinson makes history as Pakistan collapse against England
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Stocks waver, dollar drops as US Treasury moves to lower bond yields
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Alvarez can win back Atletico fans in two games: club chief
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France recalls rare disease drug Tavneos after deaths
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Oldest human brain cells grown in lab 'recorded passage of time'
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Arsenal agree to sign Villa defender Konsa: reports
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7,300 excess deaths and counting in France's historically hot summer
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Evacuation orders lifted in Belgian wildfire zone
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Ukraine MPs approve new defence minister after divisive reshuffle
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UK media skewered for 'hounding' black academic
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North Korea leader's sister says 'unaware' of reported Kim-Trump communication
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More than 7,300 excess deaths in France's historically hot summer so far
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Russia, Ukraine exchange 103 captured soldiers each
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US socialists score shock Florida win as Trump picks stumble
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Sainz signs new contract with F1 team Williams
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Iran warns Gulf countries against helping US after UAE cuts trade ties
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Playing at Real Madrid 'not for everyone': Bernardo Silva
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Senior FIFA official withdraws support from embattled Infantino
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As election nears, Israelis fear polarisation could spark violence
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Lawson replaces injured Hadjar for Red Bull at Dutch GP
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Bayern's Hoeness 'speechless' after second Musiala collapse
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Robots sort packages and serve fast food at Beijing showcase
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Reijnders leaves Man City for Saudi's Al Qadsiah: source
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Leeds sign Swiss defender Elvedi from Monchengladbach
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Arsenal chief expects Arteta to sign new contract 'very shortly'
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Robinson double rocks Pakistan in first Test before rain stops play
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Oil rises, stocks waver amid tech sell-off
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Queen Camilla says was 'difficult' keeping King Charles' cancer private
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Belgian fire of the century 'encircled' but fight goes on
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UK PM launches bid to get rough sleepers off streets by Christmas
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Japan target record medal haul at home Asian Games
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England bowl against Pakistan in first Test of post-Bazball era
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ICC says US sanctions 'flagrant attack' on court independence
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Villa sign Japanese 'keeper Suzuki, Italian defender Ruggeri
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Kyrgios admits 'huge mistake' after failing test for cocaine
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Injury-plagued Pogba released by Monaco
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Europe can't afford to miss AI revolution: ECB chief
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Japanese 'keeper Suzuki signs for Aston Villa
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Suthar shines as India crush Sri Lanka in 600th Test
The IRS Collection Statute Has a 10-Year Clock - Clear Start Tax Explains Why Running Out the Timer Rarely Works
Every tax debt comes with an expiration date - but taxpayers who try to wait it out often discover the IRS has already stopped the clock.
IRVINE, CA / ACCESS Newswire / April 24, 2026 / The Internal Revenue Service has 10 years from the date a tax liability is assessed to collect what is owed. Known as the Collection Statute Expiration Date, or CSED, this window has led some taxpayers to assume that doing nothing is a viable strategy. But the reality is far more complicated, and Clear Start Tax is warning that the CSED is one of the most misunderstood provisions in the tax code.
"Many taxpayers come to us believing their debt is about to expire, only to learn the statute was paused years ago when they requested an installment agreement or filed for bankruptcy," said a spokesperson for Clear Start Tax, a national tax relief and resolution firm. "The 10-year clock is not as simple as marking a date on the calendar."
Under Internal Revenue Code Section 6502, the IRS can suspend the CSED under a variety of circumstances - many of which taxpayers trigger themselves without realizing the consequence. Submitting an Offer in Compromise pauses the clock while the offer is pending plus 30 additional days. Requesting an installment agreement, filing for bankruptcy, leaving the country for an extended period, or requesting a Collection Due Process hearing all toll the statute as well. In some cases, taxpayers even sign waivers that explicitly extend the deadline. Each of these events can add months or years to the original window, meaning a debt assessed in 2016 could remain legally collectible well beyond 2026.
Even when the clock has not been paused, waiting carries its own costs. During the collection period, the IRS can file federal tax liens, garnish wages, seize bank accounts, and levy retirement funds. Penalties and interest continue to compound, often doubling the original balance over time. A taxpayer who owed $30,000 a decade ago may now owe $60,000 or more - all while living under the stress of active enforcement.
"There is very little reason to gamble on the statute expiring when legitimate programs exist that can resolve the debt on favorable terms and stop the bleeding," the spokesperson added. "The tools available today are more flexible than they have ever been."
Tax professionals consistently advise addressing tax debt directly rather than hoping it disappears. The IRS offers several formal resolution paths:
Installment agreements allow taxpayers to pay over time in manageable monthly amounts.
Offers in Compromise may allow eligible taxpayers to settle for less than the full balance owed.
Currently Not Collectible status provides temporary relief for those who genuinely cannot afford to pay.
Penalty abatement can remove penalties for taxpayers who demonstrate reasonable cause for noncompliance.
By answering a few simple questions, taxpayers can find out if they're eligible for the IRS Fresh Start Program and take the first step toward resolving their tax debt.
"Every year a taxpayer spends waiting is a year of penalties, interest, and enforcement risk that could have been avoided," said the spokesperson. "A professional review of your CSED status and resolution options takes a fraction of the time - and costs a fraction of what inaction does."
About Clear Start Tax
Clear Start Tax is a nationwide tax resolution and relief firm specializing in helping individuals and businesses address IRS and state tax issues. With a team of experienced tax professionals, the company provides tailored strategies for resolving back taxes, negotiating settlements, and achieving long-term compliance.
Need Help With Back Taxes?
Click the link below:
https://clearstarttax.com/qualifytoday/
(888) 710-3533
Contact Information
Clear Start Tax
Corporate Communications Department
[email protected]
(949) 800-4011
SOURCE: Clear Start Tax
View the original press release on ACCESS Newswire
P.A.Mendoza--AT