Signals That You Should Hire a Tax Attorney

If any of the following circumstances apply to youA Federal Tax Lien will attach itself to all of your
personally, you might regard them as a signal that youproperty. Everything you own becomes vulnerable
should consider hiring a tax attorney.under such a collections process. If the Internal
If you can't remember the last time you filed an incomeRevenue Service has taken this step it is most likely
tax return with the Internal revenue Service, you mightbecause you failed to respond to several notices
want to employ an attorney to review your IRSregarding a balance due and a Notice and Demand for
account. Even if you do not owe the Internal RevenuePayment. At this juncture, you need to make payment
Service any money, a tax attorney may be able toarrangements in order to get the lien released. A tax
find refunds to which you are entitled, but have notattorney best undertakes this matter.
collected.Once the Internal Revenue Service has filed a Federal
If you receive an assessment letter in the mail fromTax Lien against you, they will probably take even
the Internal Revenue Service, it might be a good timemore action like attempting to levy your bank
to retain a tax lawyer. An assessment letter from theaccounts. If you receive a Notice of Intent to Levy
Internal Revenue Service means that the IRS hasfrom the IRS, you need to hire a tax attorney, because
determined that you owe them money. Theyou have only thirty days to stop the Internal Revenue
assessment letter is the first step in the collectionService from levying your bank accounts.
process and it informs you what you owe and why.The IRS may, likewise, seek to garnish your wages.
The assessment letter also indicates what penalties,Under garnishment, your employer will remove the
fees, and interest have been incurred regarding thegarnished amount directly from your pay and send it to
claimed debt. If you do not respond to the assessmentthe IRS.
letter, your Internal Revenue Service debt will continueIf you own a business and the IRS levels a Trust Fund
to grow. If you have an attorney respond on yourRecovery Act penalty against you, seek the counsel
behalf, you should be able to work out a satisfactoryof a tax attorney. The Trust Fund Recovery Act
settlement.Penalty is in response to non-payment of employee
If the Internal Revenue Service files a Federal Tax Lienwithholding and it can be rigidly severe.
against you, you should immediately hire a tax attorney.