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Did you know the IRS can officially decide you’re “Currently Not Collectible” (CNC)—meaning they temporarily stop collection activity against you? In this video, Dave Horwedel, CEO of Torchlight Tax, explains what CNC status means, how it’s obtained, and what it does (and doesn’t) stop the IRS from doing.
When you qualify for CNC, the IRS recognizes that forcing payments from you right now would cause financial hardship. While interest and penalties continue to accrue, the IRS will pause new levies and collection actions, allowing you time to get back on your feet.
✅ You’ll learn:
What IRS “Currently Not Collectible” really means
How Torchlight Tax helps clients qualify for CNC status
The difference between a lien and a levy
Why negotiating IRS debt is best done when your finances are bad
How CNC compares to more permanent solutions like an Offer in Compromise
If you’re struggling with tax debt, don’t wait. Contact Torchlight Tax for a free consultation:
📞 877-758-7797
📧 info@torchlighttax.com
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