Owe Money in Back Taxes? You Are Not Alone

Penalty abatement

They say the only things in life that are certain are death and taxes. Assuming you are not trying to avoid the unavoidable, you have probably paid taxes. If you owe more money in taxes than you can afford to pay, or if you owe the IRS back taxes help is available.

Oftentimes, people file their taxes late, or not at all, if they do not have enough money to pay, but that is not a good idea. Returns should be always be filed on time in order to avoid having to pay tax penalties for failing to file. No one likes to be in debt, and it is especially unsettling to owe money in Irs tax debt.

When someone owes the IRS back taxes help in avoiding garnishment of wages is available. IRS garnishment is one way that back taxes are collected. When garnishments are served on an employer, they are taken as part of the payroll process. There are tax experts who can help people with tax debt avoid or stop IRS wage garnishment. Wage garnishment is not automatic, and does not happen without warning. The IRS gives advanced notice and also gives the opportunity to make arrangements to pay before garnishing wages.

There are some cases where the IRS imposes incorrect penalties, or imposes them improperly. When this happens, it is usually because the IRS employee on the case does not completely understand all the tax laws pertaining to the case, or all of the facts of the case, or both. If you think that there is an error in the amount that you owe in IRS back taxes help can be found.

Taxes should always be filed on time, even if you owe more than you can pay at the moment. If you know that you will need to make payment arrangements or if you already owe the IRS back taxes help is available. If you owe more than 10,000 to the IRS, you should consult with a tax expert. More can be found here.

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