Back Taxes Owed
Despite filing your taxes every year, are you still not paying the taxes you owe? Perhaps you did not have enough money to pay for it at the time and planned to pay it more later on. You will, unfortunately, be required to pay back taxes if you file them late, which will increase the amount of money you will be expected to pay in the long run.
If you haven’t heard from the IRS yet but are delinquent on your taxes, you will. A lien may be placed on the property that you own or you may be subject to a levy on your bank account or wages of the IRS, depending on the situation. It can be financially ruinous to owe back taxes, but they can be avoided in many cases.In order to settle your tax debt, we can help you assess your options and negotiate a reasonable payment plan with the IRS. In most cases, unpaid back taxes don’t go away on their own. We urge you to contact us if you have any questions regarding your tax liability.