IRS problems have a way of ruining all aspects of your life. They can take a toll on you financially, emotionally and physically.
When you owe the IRS, you’re always wondering if today might be the day when the IRS shows up at work, your home or your business; or if today might be the day the IRS decides to levy your bank account or garnish your paycheck.
This is a heavy load to bear every day! So what should you do if you are in this situation?
The only way to solve your IRS problems is to face them head-on and to have a plan of action. And that’s exactly what people lack- a plan. Unfortunately, instead of taking action, people bury their heads in the sand, pretending that their IRS problems don’t exist. This is the wrong approach and your tax problems will only continue to get worse!
Unfortunately, there are a lot of unscrupulous companies out there who are more interested in taking your hard-earned dollars instead of offering you the solution that you need. Without knowing anything about your situation, they tell you that you can settle your IRS debt “for pennies on the dollar”. While the IRS has such a program that allows forgiveness of tax debt, it is not for everyone. The IRS uses a specific formula to determine the least amount it will accept based on your income and assets.
Remember that the IRS leaves no stone unturned in trying to collect everything that you owe. I always tell my clients that the IRS is one of the worst creditors that you can have because the government has a lot of weapons in its arsenal to make sure that they get paid.
Some people tend to think that if they just ignore the IRS long enough, at some point the IRS will just somehow forget. Trust me, the IRS never forgets. And they will keep adding penalties and interest to what you owe until they find you, your money or your money source. Then it’s payday for the IRS! Believe it or not, even when you retire, the IRS can attack your pension, retirement and social security check! In other words, you can run but you can’t hide as far as the IRS is concerned.
The good news is that there is a better way to live your life other than hiding from the IRS if you owe them money. You don’t need to be always looking over your shoulder for the IRS, wondering what the government will do to you next. You don’t need to get up every morning with this incredible large problem on your shoulders.
The laws have changed over the years and there are laws to protect taxpayers. If you have not filed tax returns in years, remember that the IRS will not even talk to you unless you file those returns first in order to show good faith. So if that’s your case, this is a good first step in resolving your IRS tax liabilities.
If you need help with your IRS problems, I can help. Call my office at 866-477-7772 to schedule a free consultation and I will review your case and help you come up with a realistic plan to get the IRS out of your life once and for all.
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None of the information herein is intended to give legal advice for any specific situation. Atty. Ray Bulaon has successfully helped thousands of clients in getting out of debt. For a free attorney evaluation of your situation, please call Ray Bulaon Law Offices at TOLL FREE 1 (866) 477-7772.