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After a period of years when a tax debt cannot be collected because of banruptcy or lack of funds will the IRS discharge the debt?
The IRS has ten years from the date the tax was originally assessed to collect the tax debt. After this time has passed, the statute of limitations will pass and any remaining taxes owed will go away. There are several things which can pause or "toll" the running of this statute. If you file an Offer in Compromise, file certain Appeals, file a suit against the IRS, or enter into bankruptcy, for example, the statute of limitations stops running for the duration that you are going through those proceedings. In general, if you do anything that stops the IRS from collecting the taxes the statute of limitations will be tolled during that period.
What else can I help you with?
Why argon is not used in discharge tube even at low pressure?
The question cannot be answered sensibly because argon is used!
What does a no discharge mean?
No discharge zone means that vessels such as ships cannot dump sewage in that area.
What doe a no discharge zone mean?
No discharge zone means that vessels such as ships cannot dump sewage in that area.
If a girl has normal discharge and has sex without condom can the guy get the discharge too?
Normal discharge means NO INFECTIONS - in this case men cannot have discharge after sex BUT if the origin of discharge is sexually transmitted infections - YES, men can get it after sex.
Can this discharge mean you are pregnant?
If you have normal menstruation you cannot be pregnant.
What is a negative collected balance?
Negative collected balance is a term used in accounting to describe accounts that are cannot be collected on. This means that they have tried several times to collect the balance and have been unsuccessful.
Can carbon monoxide gas collected by downward displacement of water?
No, carbon monoxide gas cannot be collected by downward displacement of water because it is less dense than water and will not displace the water. A gas that is less dense than water will not be trapped within the water, causing it to simply rise to the surface.
What is the meaning of accounts?
Account recivable that cannot be collected are known as uncollective accounts
What is the difference between dishonorable discharge and bad conduct discharge?
In dishonorable discharge, you lose your veteran benefits, cannot reenlist, and are often treated as a felon. In bad conduct discharges, you lose your veteran benefits, cannot reenlist, and are often treated as a felon, but you retain your honor.
Why should depreciaon be treated as expense?
Depreciation should be treated as expense because the worth of the asset like machinery and building goes down as time goes by. This reduction in the amount cannot be collected by anyone and cannot be claimed. The company only has to bear this amount. Because of this depreciation is treated as an expense.
Can a cheque favouring guardian's name be credited in minor's account?
no it cannot be collected as this would result in diversion of funds,only cheques in the name of minor can be collected
When it is dark does solar energy work?
Solar energy can be USED in the dark, but cannot be collected .
