The Tax Lady Roni Deutch and her law firm Roni Lynn Deutch, A Professional Tax Corporation have been helping taxpayers across the nation find IRS tax relief for over seventeen years. The firm has experienced tax lawyers who can fight IRS tax liens on your behalf.
1. You Cannot Remember The Last Time You Filed A Tax Return
If you are earning income and have not filed a tax return for a few years, then you might want to consider hiring a tax attorney. Even if you do not think that you owe the IRS money, a tax attorney can provide you with a full review of your IRS account to determine if you are owed any refunds.
2. You Get An Assessment Letter From The IRS
If you receive an assessment letter in the mail from the IRS, then it means they have determined that you owe them money. The first letter they send informs you of the situation and outlines the penalties and interest they are adding to your debt. If you do nothing, your debt will continue to increase. Alternatively, if you retain a tax attorney, they can begin working to settle your debts.
3. The IRS Files A Lien Against Your Property
If the IRS assesses a tax debt against you and you do not respond, then they will begin the collection process. First, they may send you a Notice and Demand for Payment. If you do not respond after 10 days, then they can file a public Federal Tax Lien against you. The lien will attach itself to all of your property including homes, land, vehicles, etc. In order to get the lien released, you will need to first settle your IRS debts. This can be done by either paying the amount in full or hiring an attorney to negotiate an IRS settlement such as an Offer in Compromise.
4. The IRS Levies Your Bank Account
After the IRS has issued a lien against you, they may begin to take other actions, such as levying your bank accounts. This will most likely occur if you do nothing in response to an IRS lien, IRS notices you receive, or IRS telephone calls. If you receive a Notice of Intent to Levy from the IRS in the mail, then you should act as soon as possible. If not, the IRS can begin taking funds from your bank accounts to satisfy your tax debts in 30 days.
5. The IRS Garnishes Your Wages
Similarly, the IRS can also levy your wages through a wage garnishment. Once your employer receives a wage garnishment notice from the IRS, your employer must immediately begin to withhold the garnished amount from your wages and transfer those funds directly to the IRS.
6. Trust Fund Recovery Penalty Assessment
If you run a business and have wage-earning employees, then you must withhold income taxes from their paychecks and forward the funds to the IRS. If you do not forward the withheld taxes, then the IRS will force you to pay the taxes by assessing a Trust Fund Recovery Penalty (TFRP) against you. If you get a notice from the IRS about a TFRP, then you should immediately call a tax attorney for help.
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