Do You Owe the IRS? Here Are a Few Tips

If you owe the IRS money and they take action against you, there are a number of things that you can do to improve your situation. First of all, you shouldn’t ignore any notices that the IRS sends you or procrastinate on any communication between you and the IRS. You must handle those interactions in a timely, and professional, manner.

During the course of your interactions with the IRS, an interview will almost certainly be necessary. Before this interview, you should discuss your case with a legal professional. In addition, when you do have this interview, remember that you can have your attorney with you and that the IRS is required to explain your rights to you.

When dealing with the IRS, it is important to remember that the IRS is not all-powerful, nor are they immune from making mistakes. Having legal help with you during the course of the case could help expose certain mistakes made by the IRS or discrepancies in your case.

Ultimately, if you do end up owing the IRS money, you will have options to deal with the debt. You could file for bankruptcy. You could accept an offer in compromise or an installment agreement. You could file for certain appeals or agreements that alleviate the financial stress of the situation.

Throughout it all, remember to respectful, courteous and prompt in your dealings with the IRS. Just because you owe the IRS, and just because the situation is a little tense and uncomfortable doesn’t mean you should ignore it or act improperly. That will only hurt your case.

If you owe the IRS money and they take action against you, there are a number of things that you can do to improve your situation. First of all, you shouldn’t ignore any notices that the IRS sends you or procrastinate on any communication between you and the IRS. You must handle those interactions in a timely, and professional, manner.

During the course of your interactions with the IRS, an interview will almost certainly be necessary. Before this interview, you should discuss your case with a legal professional. In addition, when you do have this interview, remember that you can have your attorney with you and that the IRS is required to explain your rights to you.

When dealing with the IRS, it is important to remember that the IRS is not all-powerful, nor are they immune from making mistakes. Having legal help with you during the course of the case could help expose certain mistakes made by the IRS or discrepancies in your case.

Ultimately, if you do end up owing the IRS money, you will have options to deal with the debt. You could file for bankruptcy. You could accept an offer in compromise or an installment agreement. You could file for certain appeals or agreements that alleviate the financial stress of the situation.

Throughout it all, remember to respectful, courteous and prompt in your dealings with the IRS. Just because you owe the IRS, and just because the situation is a little tense and uncomfortable doesn’t mean you should ignore it or act improperly. That will only hurt your case.

 

Brian Coggins

Leave a Reply

Your email address will not be published. Required fields are marked *