IRS Collections
If you’ve received a calling card from the IRS through the mail or on your door, you may be facing collection activity. IRS collection processes are launched for many reasons. An audit of an inaccurate return may have ended with additional taxes assessed to you, or you might not have met the deadline for filing a required return. Your financial position might have prohibited you from paying Uncle Sam your federal taxes in full. No matter the reason, IRS collections are generally instigated with a single – and obvious – goal in mind: to collect all outstanding taxes, penalties, and interest from you.
Don’t let receiving an IRS notice of due taxes intimidate you so much that you simply do nothing while hoping that the IRS’s demands for payment will disappear. Such procrastination in dealing with tax problems usually results in exponentially high penalties and interest, sometimes doubling the amount originally owed. The IRS can levy your wages and bank accounts, place federal tax liens on your property, and seize other assets, such as vehicles and equipment. In extreme cases, the IRS will pursue seizure of your home to clear your tax debt.
If you’ve received notices from the IRS that you owe taxes, take immediate action. It’s in your best interest to consult an informed, knowledgeable tax boutique, such as Law Offices of Christy Lee, P.C., when confronted with IRS collections. Why? We will pinpoint all your options and advise you concerning the ins and outs of each. We know, and will protect your rights. We recognize the various methods the IRS employs to pressure you into paying the amounts demanded in total, rather than encouraging you to arrive at a settlement acceptable to both parties. We will negotiate with the IRS on your behalf to resolve the matter favorably for you.
We at Law Offices of Christy Lee, P.C., understand the stresses accompanying being on the receiving end of IRS collection efforts. As a tax boutique, we can assist you with all phases of the collection process, from assessing the status of your case to recommending the most advantageous solution. And we deal with all tasks necessary in between, including communicating with IRS representatives, submitting filings and other documents to the IRS, and negotiating on your behalf for a fair settlement. We act as a barrier between you and the IRS, so that your rights are observed. Simply put, we take on the IRS so you don’t have to.