IRS Tax Problems For Federal Taxpayers To Avoid

IRS Tax problems can quickly get out of control. It is crucial any taxpayer who has fallen behind on their federal taxes review their situation and get help fast. If the tax debt lingers for too long the IRS may begin collection actions including some of the tax problems below.

IRS Tax Liens

Some IRS agents have been quotes as saying “IRS Tax Liens are some of our most effect collection tools”. Anything that gets an IRS agent excited is definitely something you will want to avoid!

It works like this, if the taxpayer fails to respond to the IRS or attempt to pay the back tax debt, the IRS may turn the heat up by filing a tax lien on the taxpayers property. Once a lien has been filed the taxpayer cannot sell their property until the IRS has been paid in full or otherwise releases the lien. Many taxpayers may think big deal I’ll have plenty of time to pay the debt and get the lien removed. However the lien is just a warning shot across the bow and the IRS has far worse collection tactics available.

If your property has been placed under a lien contact a Florida Lien Tax Attorney. A local experienced Sarasota Tax Attorney will know how to represent the taxpayers interest and work to get the lien removed. Below are some of the procedures a Sarasota Tax lawyer may follow in a tax lien case:

Review the tax lien to make sure it is legal.

Determine how the tax lien affects the taxpayer.

Determine if the tax lien can and should be appealed, subordinated or discharged.

File the necessary forms to appeal, subordinate or discharge the tax lien

Help the taxpayer deal with the underlying tax bill that caused the tax lien.

Payroll Trust Fund Taxes – Delinquent Payroll Taxes

Owing back payroll tax money is one of the most challenging financial problems a business can face in Sarasota or all of Florida.

The IRS will view any payroll taxes not paid to the IRS as essentially being stolen – not just from the Internal Revenue Service by also from the businesses employees.

The business owner may be using the money to get through a temporary tight spot but in reality the business owner has entered into an agreement with the employee that the money removed form the check for federal taxes must be deposited to the IRS for the employee’s behalf.

The IRS may send internal revenue officers to the business to determine if any of the company’s employees or owners were aware that the payroll tax funds were being misused. If the IRS finds officers of the company were aware of the payroll tax fund issue the IRS can and will assess the payroll trust fund penalty on anyone potentially involved. This will mean the officers of the company can be help personally liable for the Payroll taxes not paid!

If your business is have trouble making ends meet or is not organized in it’s accounting a good strategy to prevent payroll tax problems is to hire a payroll tax service to process all of the payroll checks and withholdings.

If your business is already in payroll tax trouble hire a local IRS tax attorney to get help immediately. If the payroll tax problem goes on unresolved the IRS can levy the business’s bank accounts and financial assets, or even put a padlock on the business doors and sell off all of the businesses assets at a quick sale auction!

About the Author

Mary E. King, Attorney At Law

As a dedicated IRS Tax attorney Mary has been helping clients get tax debt relief by negotiating currently non-collectible status, offers in compromise, installment agreements, innocent spouse cases, audits, removing levies, releasing liens, and negotiating penalty abatement.

Mary's career as a IRS tax attorney began in 1993 after graduating from Stetson University College of Law. She graduated from the University of Florida with a Bachelor of Science in Business

Author (getmejustice). Submitted on Wed, 30 Nov 2011 Time: 4:41 PM

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