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10 THINGS TO KNOW ABOUT THE IRS COLLECTION PROCESS


1. Your tax liability is an IRS priority. Your case is likely assigned to either the IRS Service Center or a local IRS Collection office. 2. The IRS may take enforced collection, such as issuing a levy or seizing your assets, to resolve your liability. 3. A Notice of Federal Tax Lien may be filed in your name, or your businesss name, attaching to any and all assets you currently own or acquire after the lien has been filed. 4. If you disagree with your tax liability, you have a right to dispute it by asking to speak with a manager or exercising your appeal rights. 5. You have a right to representation when addressing your tax matters. The IRS allows only an Enrolled Agent, CPA, or Attorney to represent you. 6. You can appeal most IRS collection actions both before and after the action takes place, within pre-determined timeframes. 7. Individual taxpayers must be in filing compliance for the IRS to consider collection alternatives, such as an installment agreement or an offer-in-compromise. 8. Business taxpayers must be in compliance with filing and federal tax deposits for the IRS to consider similar collection alternatives. 9. Your collection case may remain open anywhere from a couple of months to several years.

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Copyright 2012 Landmark Tax Group. All rights reserved.

10. Your collection case may be placed in currently not collectible status if the IRS determines you dont have the ability to pay the tax at this time. Penalties and interest continue to accrue while in uncollectible status. For more information on achieving a tax resolution to your IRS problem, visit www.LandmarkTaxGroup.com or call us at 1-714-382-6780 for a FREE and CONFIDENTIAL consultation with former IRS Personnel. Landmark Tax Group is licensed by the IRS to help individuals and small businesses resolve their IRS problems with tax liens, unfiled tax returns, back taxes, offers in compromise, wage garnishment, bank levies, installment agreements/payment plans, innocent spouse claims, audits, payroll taxes, bankruptcy, and more. We welcome the opportunity to serve you. Contact: Michael Raanan, MBA, EA President Former IRS Revenue Officer

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Copyright 2012 Landmark Tax Group. All rights reserved.

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