Tax rates can vary anywhere between 10 percent and 39.6 percent of taxable incoming, and nothing is more stressful than owing money to the Internal Revenue Service (IRS). There are several options available when it comes to resolving tax debt, including a tax relief attorney or an income tax attorney, but it does require you to analyze your individual situation, understand your legal options, and negotiate with the IRS.
Unpaid or unfiled taxes can run you into legal troubles that may result in tax penalties and tax liens, and may require the help of a tax relief attorney or IRS tax attorney. the IRS can place additional fees on top of your tax bill as a form of penalty. Moreover, the IRS can place a claim to your personal assets when taxes are not filed or paid, and this prohibits people from selling their personal possessions without first removing the tax lien.
A tax levy may result from a person failing to file or pay their taxes. According to the United State Federal law, a tax levy is an administrative action that enables the IRS to seize property from a person if they have unpaid taxes, and the IRS can do this without statutory authority or first going to court. The use of tax levies to fulfill federal tax liabilities dates back all the way to 1791, according to the United States Supreme Court. Interestingly, the Fifth Amendment of the Constitution is suppose to protect citizens against having the government, including the IRS, seize their property without due process of law. A tax relief attorney, also referred to as an IRS debt tax attorney or Irs tax relief attorney, works with the IRS to try and resolve issues related to owed taxes.
A tax relief attorney may be necessary in a case that involves firing an employee in an attempt to avoid dealing with a levy. In fact, doing this is considered a criminal offense, and can result in a 1,000 dollar fine, and the possibility of up to a year in prison. A tax relief attorney or tax debt attorney often work to help resolve these situations.
This can be a really scary situation. Solve it before it gets out of hand.
I feel like you can usually work something out with the IRS.
I feel like you can usually work something out with the IRS.
I feel like you can usually work something out with the IRS.
I feel like you can usually work something out with the IRS.
I feel like you can usually work something out with the IRS.