Owing Back Taxes is no Laughing Matter Get Help Before it is Too Late
If you are trying to figure out what to do because you're saying to yourself, "I owe the irs back taxes", then there is one simple solution. Get help. If you try to deal with the situation without an IRS lawyer, which you can, you are increasing the risk of incurring a levy. What is a levy? Well, if you owe back irs taxes, you should know that the levy is probably the worst weapon the IRS has to use against you. In order to be compensated for back IRS taxes, the IRS can levy any of your personal assets, either repossessing items such as secondary properties and vehicles or garnishin (more…)