Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What does suspend collection mean?

collection mean suspend
0
Posted

What does suspend collection mean?

0

When you have financial hardship and do not have excess cash to meet a minimum payment to the IRS, the IRS can suspend the collection of your taxes for a period of time.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.