Tax Collection Of Unpaid Taxes By The IRS
When you have a tax debt the IRS has many tools to use to collect the delinquent tax. For example they can:
Seize and sell your car, or even your homeServe an IRS tax levy on your wages
Serve an IRS tax levy on your bank account
File an IRS tax lien
Seize your state income tax refund to satisfy your IRS tax debtServe an IRS tax levy on your brokerage account
Hire a private debt collector working on commission to collect your tax debt.
The IRS can take all of the money in your bank or brokerage account to pay your tax debt. They can even serve a tax levy and seize your life insurance policy, your pension, or your IRA. If you have a business the IRS can contact your customers, tell them that you have an IRS tax debt, serve a tax levy and take your accounts receivable.
If the IRS serves a tax wage levy on your employer, not only is it a personal embarrassment but your employer is required to begin paying your salary to the IRS. Depending on the number of dependents you have you could be left with very little to live on. If your employer doesn't pay the money to the IRS he could be held personally liable for your tax debt.
You have rights, including the right to consult an IRS tax lawyer, or tax attorney to help you obtain tax relief. As tax lawyers with IRS tax experience Mitchell A. Port can help you solve your tax problems. Possible solutions for your tax problem may include:
Negotiating a reduced tax due to IRS errors involved in a prior tax auditHaving your tax debt declared currently uncollectible so you can have a tax holiday from your old IRS tax debts
Negotiating an Installment Payment Agreement so that you can pay your IRS tax debt over as long as 10 years or more
Submitting an Offers in Compromise to reduce your tax debt
Determining whether your IRS tax debt can be wiped out in bankruptcy
Determining whether the time the IRS has for collecting your tax debt has expired, or will expire soon
Obtaining a short-term deferral of your IRS tax debt so that you can have time to get back on your feet
Negotiating releases of IRS tax liens so that you obtain a loan to pay-off your tax debt
Filing claims for interest and penalty abatement
Negotiating innocent spouse relief to reduce or eliminate or your IRS tax debt
Obtaining releases of a tax levies
Reviewing your IRS tax accounts to determine whether or not the IRS has correctly calculated your taxes
If your IRS tax debt is over $50,000, you can benefit from tax lawyers and tax attorneys reviewing your tax debt to decide on the best solution for you. Don't wait until the IRS has served a tax levy on your wages or seized your bank account. Call attorney Mitchell A. Port now at (310) 559-5259 or contact him online to make an appointment and find out how a former IRS tax attorney can help.








