What Is Currently Not Collectible (“CNC”) Status (IRS)?
The majority of people owing money to the IRS would pay off their tax debt if they had the financial ability.
Paycheck Protection Program
The Paycheck Protection Program is back. Business can apply for loans to keep their workforce employed. Congress approved more than $280 billion in relief funds for this purpose. Remember that not all lenders will be able to process and issue funds. Smaller community based lenders who work with low income communities and minority owned businesses
