Thursday 14th of December 2017 8:16:11 AM

  • How the IRS Collects What’s Owed to them!!

    Tuesday 17th of September 2013 2:43:22 PM

    These are just a few harsh ways the IRS collects money owed! Don’t let your tax debt get to this level, it is often very expensive and hard to reverse!

    Wage Garnishment
    This is by far the most financially devastating collection action the IRS can impose on a person or business. Furthermore, the wage garnishment can stay in effect until the entire tax is fully paid.

    UnfiledTax Returns
    This is extremely common and one area the IRS is really cracking down on. Some taxpayers fail to file tax returns due to the fact they do not have the money to pay the balance due on the tax return. What most people are unaware of is that willfully not filing a tax return is illegal, plus there are many reasons for the timely filing of tax returns, such as the IRS can impose a penalty of up to 25% of the tax due on a late tax return.

    IRS Tax Liens
    The IRS can collect back taxes by levying on taxpayers’ property by instituting a tax lien. If a person or business has a back tax balance with the IRS, the IRS can impose a federal tax lien on assets after meeting statutory requirements. An IRS tax lien is a powerful collections tool as it can attach all rights, title and interest of the taxpayer. Once the IRS moves forward, the IRS can easily enforce the said tax lien by administratively levying assets.

    IRS Payroll Taxes & Trust Fund Recovery Penalty
    The IRS does not play games when these type of taxes are owed.
    Congress enacted the Trust Fund Recovery Penalty Statute to push for immediate payment of withheld and other collected payroll taxes by allowing the IRS to assert a liability against responsible third parties [IRC 6672].

    Again, these are just a few options that may be available to you. Don’t hesitate to contact us anytime at toll free no. 1-866-499-1156 or visit our website at


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