So, you owe a lot of money to the IRS. You made a lot of money in the past but now you are just getting by. Now you are getting threatening notices from the IRS. They want to levy your bank account now and you have little money anyway.
So, what can you do?
You need to enlist the help of a Tax Resolution Specialist. They can contact the IRS, determine what you owe and determine the best way to deal with it. The Tax Resolution Specialist will determine your financial condition using a 433A or 433B and determine what can be done.
The revenue officer, with the guidance of the Tax Resolution Specialist will determine that you cannot meet basic living expenses and pay the tax debt. Perhaps paying the tax debt would cause undue hardship regarding serious illness, disability, or significant medical expenses. Maybe you are unemployed. You can be deemed currently non collectable!
That means the IRS has stopped collecting your case!
However, each year when you file your tax return the case is reviewed. If you get a tax refund the IRS will keep your refund and apply to your balance due. The IRS will likely file a tax lien on you.
This may work for you! You will have no more IRS payments to worry about if your total positive income continues to be low! high expense bracket,
This is not a do-it-yourself project. Every time you get upset and call the IRS it works against. The IRS will ask leading questions and document what you say and use it against you. So feel free to contact us at Philip Garnett Tax Resolution and we can help you. Our number is 360-623-1375 or email is [email protected]