To Attorney Maverick:
This is a follow-up to my original bankruptcy question looking more for a practical answer rather than a legal answer to the expired tax lien and the IRS
Even with the tolling of the 10-year statute of limitations
during my Chapter 7
Bankruptcy proceeding in 2005 and the extra year for the IRS to refile the tax lien for 1997 unpaid back taxes
, it appears that the 10-year statute of limitations for the IRS to collect the back taxes with compounding interest has finally expired. During this entire period, the IRS knew of my bank account which never changed, the account number, the name and tax ID number of the institution paying my monthly pension
, etc., but the IRS never tried to attach anything.
The question is: if I receive another IRS notice
in Nov. that past due taxes for 1997 are still due, what should I do?
Previously,I have done absolutely nothing.But I don't want to receive yearly notices for 35yrs.John