How should you handle communications when you’re dealing with the IRS on back taxes? Let’s say that you owe the IRS $10,00 for back taxes. This is the first time that you have been at odds with the IRS, so you have no idea what to do — as is the case for so many Americans every year who are introduced, for the first time, to interacting with the IRS over a serious matter. So what should you do? How should you deal with the IRS? What are some effective strategies to help you out in this situation?
First things first – make sure when you are dealing with the IRS on back taxes that you respond, in a prompt manner, to the IRS whenever they inquire about something or request a response from you. Ignoring the IRS or procrastinating on the issue will not help your cause at all.
The second thing to remember is that even though this situation is scary and intimidating, you do have rights and the IRS isn’t always correct. You are protected by certain rights, and the IRS has to follow due process during their investigation and action.
If, ultimately, it is determined that you really do owe the IRS, you will have options for paying back the agency. You will also have other legal options — such as suspending the payments for certain reasons, or bankruptcy — to help you deal with the IRS.
All told, there are many things you can do to help yourself out when dealing with the IRS on back taxes while also respecting the process and the power of the IRS. If you are dealing with tax issues, it is often not in your best interests to communicate with the IRS directly. This is why it is so important to work with the experienced IRS tax attorneys at Allen Barron.
We invite you to learn more about the integrated tax, legal, accounting and business consulting services of Allen Barron and contact us or call today to schedule a free consultation at 866-631-3470.
