What you need to know about IRS back taxes
It was under the Revenue Act of 1861 when the first federal income tax was adopted. Since then, income tax have become part of every working mans obligation. Now, if you need help with IRS back taxes, you are not alone. A lot of people owed back taxes to IRS and many of them were able to find the right solution to their IRS and back taxes problems by hiring a tax lawyer. If you are not familiar with what tax lawyers do and how one can help you with your IRS and back taxes problems, here are facts about your IRS and back taxes and the importance of having and Irs lawyer by your side.
First, under the Internal Revenue Code, the IRS can levy upon real property, wages, social security payments, bank accounts, insurance proceeds, and even personal residence. However, the IRS must first send the taxpayer notice of levy and the chance to be heard. This is in compliance with the United States Constitution. In the case of principal residence of the taxpayer for example, the IRS is required to seek the permission of the court of the federal magistrate before it can levy the residence. As such, it is necessary to find an Irs lawyer before the IRS takes your property, salary or other assets. What many taxpayers fail to do is to find a lawyer before it is too late. You need to remember that you cannot run from the IRS. In case of IRS and back taxes, there are ways to solve the problem but not facing it is not one of them.
Second, if you will go to the IRS website, you will see the New IRS Fresh Start Initiative Helps Taxpayers Who Owe Taxes. You can see that there are ways for the taxpayers to solve his IRS and back taxes problems. However, you can also see that the ways can be quite complicated, especially when choosing the right way. Should one, for example, offer compromise or agree to pay in installment. Either way, it is hard to determine which is the right one to take. At the same time, negotiating with the IRS on back taxes can also be quite difficult since there are many requirements and considerations. One should also remember that there may just be simple error in the tax form or the IRS may have made certain mistakes that led to ones IRS and back taxes problem. This is not unusual. For example, considered to be the easiest of all the tax forms, the 1040EZ has a total of thirty three pages of instructions.
Now when it comes to how to find tax lawyer, one can find a good tax relief lawyer by making sure that you hire a lawyer who specializes in IRS and back taxes. You should also check out how long the lawyer has been representing clients who have problems with the IRS. Finally, make sure that you like the lawyer. You will work with him so it is best if you like him. Continue your research here.
I owe the IRS back taxes and I am willing to settle. Is it really necessary to hire a lawyer. Can I just go there and pay?
You can do that of course but it is best if you have a lawyer who will make sure that everything will be for your interest. The IRS do not have the same motivation.
You can do that of course but it is best if you have a lawyer who will make sure that everything will be for your interest. The IRS do not have the same motivation.
You can do that of course but it is best if you have a lawyer who will make sure that everything will be for your interest. The IRS do not have the same motivation.
You can do that of course but it is best if you have a lawyer who will make sure that everything will be for your interest. The IRS do not have the same motivation.
You can do that of course but it is best if you have a lawyer who will make sure that everything will be for your interest. The IRS do not have the same motivation.