Tax Lien, Back Taxes, Wage Garnishment All Things That One Needs To Avoid

By Author: Thomas Simon
Total Articles: 2
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Unpaid taxes are the start of the IRS collection process, so take action early to prevent penalties and interest. Find the best solution for your Back Taxes situation.

Penalties and interest arise from the Internal Revenue Service determining you have unpaid back taxes or you have made a late filing, understand your options and possibly get some penalties removed from your back taxes.

The IRS determines the back taxes that are owed by you and then will begin automatically notifying through their notification system. The IRS will start sending out a series of letters before they take collection actions. Understand what to do, base on the IRS letter you have received.

A tax lien is the first step the IRS takes toward actual forced collection of back taxes owed. A tax lien will significantly hurt your financial situation and future ability to take out loans or borrow on credit. If you want to sell your house a tax lien will affect the amount that you will receive at the end of the sale.

A ...
... tax lien should be avoided if at all possible. A Tax Lien gives the IRS a legal claim to your property as security or payment for your tax debt. It is used in order to protect the government's interest in your assets.

Tax Account Review Service is targeted to help you learn about the status of your tax lien with the Internal Revenue Service. Many taxpayers complain about receiving inconsistent or incomplete information from the IRS.

Wage garnishment occurs when an employer is required to withhold the earnings of an individual for the payment of a debt in accordance with a court order or other legal or equitable procedure. Wage garnishment will greatly reduce the amount you normally receive on your paycheck.

Title III prohibits an employer from discharging an employee because his or her earnings have been subject to a wage garnishment for any one debt, regardless of the number of levies made or proceedings brought to collect it.

Title III does not, however, protect an employee from discharge from the wage garnishment if the employee's earnings have been subject to the wage garnishment for a second or subsequent debt.

About us:
Greg Flahive is one of the leading tax attorneys in the country. He has over 13 years of legal and tax experience resolving tax problems for taxpayers. Greg began is career working for the leading tax law firm in the country that was devoted exclusively to resolving IRS back taxesproblems. He was responsible for managing over 20 attorneys and 150 support staff members that diligently represented thousands of taxpayers before the IRS.

Greg then formed his own tax law firm and continues his zeal to diligently and aggressively represent taxpayers before the IRS. He has successfully resolved tax cases through Offers in Compromise, Installment Agreements, Streamlined Installment Agreements, Innocent Spouse Relief, and other similar services.