📅 The 10-Year Rule: How Long the IRS Can Collect on Back Taxes
Did you know the IRS only has a limited time to collect on unpaid tax debt? ⏳ It’s called the Collection Statute Expiration Date (CSED) — and it’s typically 10 years from the date your tax was assessed. But here’s the catch: certain actions like filing for bankruptcy, submitting an Offer in Compromise, or even requesting a payment plan can pause the clock. That’s why understanding your timeline is critical if you’re facing IRS collections — especially when planning a resolution strategy. Have you checked how much time is left on your tax debt? Drop a comment or ask a question below — let’s make sure you’re not paying more than you need to.