What Are Delinquent IRS Taxes?
Delinquent taxes is a very specific term - I does not simply mean back taxes or late taxes. A tax liability (any tax debt or penalties the taxpayer owes to the IRS) is considered delinquent if the IRS has assesed a specific due date and the taxes have not been paid, and the time allowed for any appeals has expired. Once a tax liability is considered delinquent the IRS is free to begin collection proceedures.
The quickes way to avoid any IRS collection proceedures is to pay them - but of course most tax payers with delinquint taxes are unable to pay the total amount. However if you cannot pay the total amount an IRS Tax Lawer will have several options to ease the situation and get your tax problems under control. Some of these available methods include:
* Negotiating for an Offer In Compromis (OIC)
* Getting an installment agreement
And other tax settlement solutions
Step One - File Your Delinquent Tax Returns!
You cannot be put in jail for not paying your taxes. You can however be put in jail for not filing your tax returns! One of the biggest mistakes taxpayers frequintly make is not filing - a common reason for not filing is because the taxpayer cannot pay the tax debt they do not want to file and "get in more trouble". This is the worst thing you can do, if you have not filed in a long time contact a tax attorney and get started putting your tax returns together to file as quickly as possible. A skilled tax attorney will know how to handle filing back taxes so be sure to work only with a bar-member attorney with a good BBB rating and avoide the large tax firms who make unrealistic claims and get thier clients into unexpected situations.
About the Author
As a dedicated IRS Tax Lawyer 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
Author (getmejustice).
Submitted on Sat, 23 Jul 2011 Time: 2:42 PM
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