| There are millions of Americans who have not filed | | | | looking for your savings account, because, more then |
| their back taxes. | | | | likely they got that too! |
| The good news is, maybe you don't owe IRS; maybe, | | | | In my years of experience with IRS, I have found that |
| they owe you! | | | | the one thing IRS appears to dislike most is: being |
| How can you tell? A good indication that IRS owes | | | | ignored. |
| you a refund is: They have sent you a notice stating | | | | Taxpayers must remember: The letters from IRS are |
| that they are preparing a substitute return for you, and | | | | computer generated, however, the computer is |
| you have not hear from them again! | | | | programmed to follow the Tax Laws, Codes and |
| Now, lets look at the bad news. | | | | Collection Process. It is only a matter of time, if you |
| If you owe IRS, they will not go away. They have 10 | | | | continue to ignore the notices, that a real IRS human |
| years to collect and penalties and interest keeps | | | | could be standing at your front door, or worst, your |
| adding up. | | | | bank accounts are levied or your wages are |
| If IRS has been sending you letters and you have | | | | garnished. |
| ignored them, then be assured, the certified mail stage | | | | The IRS computer informs an IRS human when a tax |
| is coming your way. This is when, IRS sends you | | | | return has not been filed or a payment has not been |
| communications through certified mail. Now, even if you | | | | made. The computer then gives pertinent information |
| refuse to go and get the mail from your local post | | | | about "you" to the IRS human. At this moment, you |
| office; this DOES NOT mean IRS won't levy your | | | | become a "person of interest" |
| bank account or garnish your wages, it only means | | | | Contact a Tax Professional, especially if you owe |
| you won't know about it before it happens! | | | | over $10,000, request an Installment Agreement, send |
| The really bad new is: The days of taking 25 to 35 | | | | what the agreement requires each month, and |
| percent of your disposable income out of your payroll | | | | maintain your relationship with the computer. (Of |
| check are gone. New tax laws gives IRS the legal right | | | | course an IRS human has to input the Installment |
| to take much more then 50 percent of your | | | | Agreement information into the computer) |
| disposable income based upon your previous filing | | | | Contacting a Tax Professional is advised because it is |
| status and the number of dependents you have. | | | | a Federal offense to lie to a Federal Agent; and to the |
| If IRS should levy your checking account, don't bother | | | | best of my knowledge this includes IRS agents. |