Most people do not put the IRS at the top of their priority list. Here’s why. If you don’t pay your electric bill, they cut off your power. If you don’t pay your car insurance, they terminate the policy.
However, lots of people have the feeling or perception that ‘I could go years without hearing anything from the Federal Government. So why worry?’ In our times of Monkeypox and a global Pandemic this just may be the time that people actually believe me about the swift & enormous strength of the IRS.
YOU ARE WRONG! The thing that separates the IRS from every other collection agency in the world is that when the IRS cometh … they come hard!
Here’s an example of how the IRS attacks. Let’s suppose you haven’t filed tax returns in the last few years. You have probably received a couple of letters from the IRS. Now you find yourself holding an extremely HOT letter from the IRS that says Final Notice. While this may not seem important at the time, you’d better pay attention! That is the IRS’ final warning before the onslaught begins. And trust me; you don’t want to be on the receiving end of an IRS attack.
Here’s what the IRS can do:
Levy – This tactic involves the IRS putting a federal lien on your bank account and holding all funds. In short, you’re frozen out of your bank account. And if you have direct deposit, you can kiss your paychecks goodbye. The worst part? Neither you nor your bank has any say in the matter.
Lien – A tax lien can be placed on your credit, meaning you cannot do anything that involves credit payment. This can ruin your credit score for the rest of your life! The IRS can also place liens on your house, making it impossible to sell or renovate. Eventually, these liens turn into seizures, and the IRS sells your property in order to pay off the tax debt.
Wage Garnishment – The IRS will contact your employer and start taking a percentage of your check in order to pay off the debt. They can legally take out up to 80%.
Whether you need IRS dire assistance, or just a tax consultation, contact D Tax Strategic Tax Solutions found online at https://www.DTaxSolutions.com and phone at 888-578-9568. And always adhere to the Cardinal Rule —; If the IRS contacts you always seek professional tax advice from licensed tax professionals.
When you need IRS protection or assistance, contact D Tax Solutions https://www.DTaxSolutions.com. The trusted and experienced Orange County tax assistance team at D Tax Solutions comprised of tax attorneys, CPAs and enrolled agents can give you immediate protection from the IRS! Call now 855.444.6225 for a FREE case evaluation!