FAQ

First of all, don’t panic. But also, don’t wait too long. You have 30 days to respond to an audit notice. The audit notice will specify what records and documents you need to present. Gather the paperwork and records specified, and make sure you have copies of everything. If you filed your taxes using a paid preparer or an online filing service, check to see whether that company provides audit defense services. If you want professional representation, contact Tax Resolution Group.

If you owe back taxes, the IRS will issue you collection notices. If you do not respond or reach a settlement negotiation, the IRS can eventually enforce collection against you, including bank levies and wage garnishments. We can help you determine if you are at risk for collection and wage garnishments and how to reach a settlement. If you have received a notice of wage garnishment, you need reach a settlement agreement with the IRS as soon as possible. We can help.

If you owe federal taxes and have not reached a settlement agreement with the IRS, a claim can be placed against your property in the form of a federal tax lien.  A lien attaches to all of your current assets, such as property, securities and vehicles, and to future assets you acquire during the duration of the lien. A tax lien can negatively impact your credit and may continue even if you file bankruptcy. If you don’t make arrangements to settle your tax debt, the IRS can levy the property. If you have received an IRS Notice of Federal Tax Lien, we can help you understand your settlement options.

If you owe back taxes, the IRS can seize funds directly from your bank account. A bank levy is an aggressive collection enforcement action that is usually only employed after the IRS has made multiple attempts to contact you and not received a response. If you have received a “Final Notice of Intent to Levy and Notice of Your Right to a Hearing,” you have 30 days to respond to the IRS and reach an agreement before your bank accounts are frozen. Don’t go it alone – Call Tax Resolution Group for help.

Taxes can be confusing when you are an independent contractor, but don’t be fooled into thinking that you skip out on your business tax obligations. If you owe unpaid federal taxes as a contractor, the IRS can issue a notice of levy to seize assets from your bank and brokerage accounts. They can even levy the accounts of companies you have performed work for as an independent contractor. If you receive a Notice of 1099 Levy, don’t hesitate to contact Tax Resolution Group.

Yes. If you are delinquent with the IRS, the State Department can refuse to issue you a passport and may revoke your current passport. This usually only happens if you have substantial unpaid tax debt and a tax lien and bank levy have already been issued. Call Tax Resolution Group before it reaches this point.

If you made an honest mistake on your tax return, you don’t need to worry about being arrested. But evading taxes, committing fraud, refusing to file or not paying owed taxes can make you the subject of an IRS criminal investigation. Jail time is one possible consequence, but it’s rarely the outcome. Regardless of the situation, we can make sure you have proper representation.

In most cases, the IRS will be willing to work with you on a settlement agreement and payment plan. There may also be ways to have penalties waived and the amount you owe reduced. Make sure you work with qualified tax professionals like Tax Resolution Group to get you the best deal possible.

Maybe. Whether tax debt is discharged in bankruptcy depends on what type of bankruptcy you file. There may be better options available to you. Let Tax Resolution Group help you resolve your tax and debt issues.

An Offer in Compromise is one strategy that may be used to reduce the amount of IRS back taxes you owe and help you pay it off sooner. There are specific requirements to qualify, and the experts at Tax Resolution Group can determine whether an Offer in Compromise might work for you.