Dealing with the Internal Revenue Service is many people’s worst nightmare, but if you’re facing an IRS tax problem, or tax levy, that is exactly what you have to do. It is important that you know your rights and legal standing when dealing with the IRS. It is also important to know there is tax problem help out there. It might be time to enlist the aid of a tax resolution service.
A tax levy is a scary thing, the IRS can claim your property in lieu of monies owed, but you may be eligible for an offer and compromise, allowing you to settle your debt for less than the full amount. Tax resolution companies can help you determine if you are eligible for offer and compromise, and can plead your case with the IRS.
It is reassuring to know, during this process, that the Internal Revenue Service is bound by laws and guidelines. While they do have the right to demand ahat your employer send a portion of your wages directly to the IRS, the 5th Amenendment prohibits them from arbitrarily taking your property without due process of law. This is where a knowledgable tax resolution company might be able to help with an offer and compromise, IRS tax debt settlement, or some other form of tax relief help. It is important to keep in mind that you are protected under the law. It may be a criminal offense for an employer to willfully fire an employee in connection with a tax levy or garnishment of wages.
Very few people can claim to be experts at the tax code, and many people find themselves in more debt with the IRS than they ever thought possible. Through devices like Offer and Compromise, the Internal revenue service has provided a channel to provide back taxes help for citizens. If you are in danger of incurring a ta levy, and losing your property to the IRS, the offer and compromise might very well be your path to good standing.