Man with text- Owe the IRS Money?

Owe the IRS Money?

Do you owe the IRS money?

In 1998 a law, The IRS Restructuring and Reform Act, was put into place to force the IRS to change how they treated taxpayers.

The IRS was compelled by Congress to better communicate with the public and grant taxpayers due process rights. So this means the IRS could no longer take action to collect unpaid taxes without hearing the taxpayer’s side of the story. Taxpayers are granted protection under the Taxpayer Bill of Rights.

While those rights will ensure a fair hearing, the IRS will take decisive action to collect the money owed if you are found to have unpaid taxes. So if you owe money to the IRS, here are some things to remember:

 First, don’t ignore any IRS notices.

Often taxpayers make their tax problems worse by ignoring the IRS notices they receive by standard or certified mail. Some people think they can avoid IRS notices sent by certified mail by not answering their door or picking them up at the post office, but they are mistaken.

The IRS sends notices by certified mail so that you can’t claim you were denied an opportunity for a hearing. The IRS only needs to show it attempted to give you notice of your rights by certified mail delivered to your last known address. It does not need to show that you accepted the delivery. However, refusing to accept the mail only deprives you of your right to contest your tax bill.

And Never meet the IRS alone.

If you are summoned to meet with an IRS revenue agent, representing yourself is usually not a good idea. Getting an Enrolled Agent and Certified Tax Resolution Specialist to represent you is best. Additionally, an Enrolled Agent and Certified Tax Resolution Specialist will be familiar with the common questions asked during an interview. Your representative will need specific information, so you must prepare the necessary documents and explanations beforehand.

Learn more here,