Archive for April 16th, 2013

Reasons Why You May Require Help With Back Taxes

Irs debt relief

In the Civil War era, someone that earned between $600 and $10,000 annually paid a taxes at a rate of 3 percent . Today, back tax help for taxpayers that are having trouble managing a large tax bill comes in several forms depending on the particular kind of tax penalties a person is facing. Whether you need IRS debt relief from an IRS garnishment or you are looking for tax lien help, it is important that you look for a quality source of tax debt relief. There are several important reasons why you may need to find help with back taxes so that you can manage your tax difficulties.

Many people look for help with back taxes when they face a wage garnishment situation. Garnishment is the process of deducting money directly from the monetary compensation that an employee receives, sometimes with a court order. When this garnishment occurs, an employer is required to withhold a portion of the earnings of an individual employee to satisfy a tax debt. Garnishment can cause serious problems and make it difficult for you to pay your monthly bills and expenses. With adequate help with back taxes you will be able to reduce the chance that a garnishment negatively impacts your wages.

You can also find help with back taxes if the IRS is attempting to seize one or more of your assets. The IRS is allowed to seize property that is in your possession or the possession of a third party lender. Professional help with back taxes will give you the best chance to combat this seizure so that you do not run the risk of losing a home or automobile because of a large tax debt.

The IRS regularly imposes improper penalties on taxpayers simply because they do not have all the facts of a case or do not fully understand the law as it pertains to the case. With the right kind of help with back taxes you can make sure the IRS is treating you fairly. Although income taxes have been a permanent part of the United States tax system since the 16th Amendment in 1913, you can still get help making tax payments easier to deal with. Hire a specialist in help with back taxes so that you have the ability to manage your tax debt, even if it seems like an amount that is hard to deal with.