Get Your FREE Tax Resolution Assessment

*By submitting this request, I give consent to receive calls generated by autodialing software even if I participate in the DO NOT CALL LIST. This consent is not an obligation of purchase.

Unpaid Taxes or Back Taxes Owed?

Owing unpaid or back taxes to the IRS can lead to several different complications. If the IRS has to take further steps, beyond a notice that you have unpaid taxes, things can get pretty ugly. This is usually the first step the IRS takes so you still have a lot of options available to you. If you have unpaid taxes contact a tax professional right now by calling (347) 535-4017!

What do I do if I have received a notice from the IRS?

  • The first option is the most obvious; pay the amount owed. By the time you get the notice from the IRS, they will probably have already added penalties and interest to the amount.
  • The second option would be to call a tax professional, to see if you qualify for the penalty or interest to be removed from the amount you owe. There are several items needed to qualify, so contact them today.
  • Speak with a tax professional about a payment plan, installment agreement, or settlement agreement. Any of these options can be helpful if you cannot pay the full amount upfront. They may be able to lower the amount or make it easier to get the amount you owe paid.

Important Information About Back Taxes

If you do not respond to the IRS notices, they will take further action against you. As stated before, the notice of unpaid taxes is usually the first step in the collection process. The next step in the process will likely be adding more fines to the amount you owe. These can easily double the original amount you owed.
The next steps in the process can deal some major damage to your finances. The IRS can take out a tax lien, which will show up on your credit report, and make it difficult for you to buy or sell any items. There is also wage garnishment, in which the IRS sends an order to your employer and takes your hard-earned money before you ever get to see a dime of it. The IRS can file a levy against you, which allows the IRS to actually take possession of your property.   Any of the situations are not ideal. They can all be scary, but they all have solutions as well. This is why it is important to take care of your unpaid taxes at the first sign of trouble. Even if you are unable to fulfill the whole amount upfront, there are actions you can take to prevent anything worse from happening. They have installment agreements, payment plans, settlement agreements, or other possibilities to help you get your taxes paid in a timely manner. For more information on solutions to all your tax problems, visit this page.
If you have received a notice from the IRS, take action now. Contact a tax professional at (347) 535-4017. New York Tax Attorney Service is located in New York City, and is more than qualified and willing to help you get the help you need.

Copyright © 2021 New York Tax Attorney Service. All Rights Reserved.

Do you have unpaid taxes that you owe to the IRS? If you are looking for professional help in negotiating your unpaid taxes with the IRS then call (347) 535-4017 right now. New York Tax Attorney Service get you to the tax consultants you need to speak with to resolve your IRS unpaid taxes. Call (347) 535-4017 right now!