Home | Tax Blog | Tax Evaluation | Resources | Common Tax Questions | Back Taxes | Contact Us

Back Taxes: What You Can Do

November 18th

If you owe back taxes, a tax debt lawyer should be your first call. The IRS has collection powers greater than almost any other entity, and is likely to employ these powers to collect the back taxes you owe. These powers include but are not limited to wage garnishment, bank account freezes, and more. However, a tax lawyer can help you to find ways to stop or delay these collections.

Tax Debt Lawyer Can Help

A qualified tax debt lawyer knows a few tricks to help keep the IRS from exercising its muscle in the collection of your back taxes. The first piece of advice is to stay in communication. A big mistake many people make is not to respond to correspondence, either out of fear or anxiety of their inability to pay. However, to the IRS collector, silence is interpreted as non-compliance, and they are more likely to take action against someone who gives no response than someone who is in regular correspondence and being up front about their inability to pay back taxes under the current circumstances.

There are other compromises that a tax debt lawyer can help you reach with the IRS to pay your back taxes. In some cases you can negotiate payments on an installment plan, which offers to pay back the debt on a graduated basis. Another popular alternative is an offer in compromise, which reduces the amount of back taxes you owe but can be very difficult to negotiate with the IRS.

A tax debt lawyer can help you work through your financial woes, sorting out your back taxes and proposing the best solution to keeping the IRS from coming after your earnings.

 
 
RSS

Subscribe Now
Social

Follow on FaceBook
News & Events
Monday, August 01, 2011

We are excited to launch our new site LeeTaxHelp.com.
Monday, September 05, 2011

If you think you might be need the advice of a Dallas Bankruptcy Attorney you can view on sister site at http://leebankruptcy.com
Categories
Back Taxes (5) General Tax Information (65) News (39) Payroll Taxes (5) Tax audit (10) Tax Debts (3) Tax deductions (16) Tax Fraud (4) Tax Laws (14) Tax Liens (10) Tax payment plans (14) Tax programs (21) Tax Scams (6) Uncategorized (2)
Recent Posts
Advantages of Using a Tax Debt Lawyer
Tax Debt Relief In 2014
Tax Debt Installment Agreements
Understanding the Five Tax Debt Strategies
Back Taxes: What You Can Do
Archives
January 2014
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
December 2012
November 2012
October 2012
September 2012
August 2012
July 2012
June 2012
May 2012
April 2012
March 2012
February 2012
January 2012
December 2011
November 2011
October 2011
September 2011
August 2011