The IRS is not a government agency you want to ignore if they contact you officially by mail.
If you have not paid your taxes and owe them money – especially a large amount and over an extended period of time, they will come after you. But they do it respectfully and clearly every step of the way. There will be no confusion about what they are going to do.
Calling a professional and reputable tax attorney is the first and most advisable step. Failing to do that could result in a devastating mess, like the following story I’m sharing.
How You Don’t Want To End Up
I read the saddest email sent to a person who claims to give advice tax advice on a website. I’m not going to put the site here because the advice is not even legal and it’s just plain bad. But the letter from this fellow is a perfect example of what not to do:
“I’m being garnished. I was the perfect tenant been at the same apartment for 7yrs. I haven’t paid rent for the past 6 months, I don’t have any money. I put on 40lbs because I can’t afford to eat healthy food. I filled up my gas tank, so I could go to work $60 and had $88 left for 2 weeks until I get paid again. I make $20hr. I’m thinking of selling everything I own on craigslist and disappearing. I spoke to the IRS on the phone and told them I couldn’t live like this and her reply was “why not?”
I wanted to do the offer in compromise, but depression has such a tight grip on me I’m not even able to function. That bum you see on the park bench is probably me, just ignore me it’s my own doing and I’m sorry if my being there upsets your cheery day. What are my options? Fake ID and start a new life? Move out of country? Quit my job and shack up with a fat section 8 lady? I fear I’m at my end.”
Acting Quickly Is Key
Apparently, this person did not respond to the IRS appropriately or at all. Acting quickly is key in order to stop or release a bank levy or wage garnishment. There are a variety of approaches to releasing your bank levy depending on your tax and financial status. As I mentioned above, the IRS would much rather resolve your tax issue than levy your bank account or garnish your wages.
When you obtain professional help to resolve your bank levy, you show the IRS that you intend to cooperate in resolving your tax debt. We want to help you get the best outcome for your personal financial situation, not just what the IRS wants you to do. Don’t call the IRS, call us if you owe back taxes and the IRS has sent you letters telling you they are going to garnish your wages or levy your property. I don’t want to read another sad story of someone suffering as a result of inaction. It isn’t necessary. But we can only help you if you call us.