Negotiating with the IRS on back taxes is not something any of us want to be in the position of having to do. However, it is not surprising that many of us find that we owe back taxes to IRS entities. Why is it not surprising? Well, for one thing, the IRS tax codes are regulations are very, very complex, and can be very confusing. Did you know that the IRS sends out more than eight billion pages in instructions and forms every single year. The average citizen probably looks at the instructions, and throws up his or her hands. Negotiating with the IRS on back taxes can be just as confusing.
Other confusing tax regulations that can lead to confusion and negotiating with the IRS on back taxes, are taxes that are confusing and sometimes nonsensical. For instance, in Alabama there is a 10 cent tax on a deck of playing cards. In Chicago, fountain soda drinks are taxed at a 9 percent rate, while cans and bottles are only taxed at 3 percent? No wonder there are estimates by the Cato Institute that state there are approximately 1.2 million tax preparers in the U.S. We need all the help we can get on taxes, as well as negotiating with the IRS on back taxes.
If you are negotiation with the IRS on back taxes, it may be important to note that the IRS has powers that were granted through the Internal Revenue Code that allows it to levy wages, back accounts, social security payments, real property and even in some cases a personal residence.
It is important to find tax lawyer professionals for help with negotiating with the IRS on back taxes. An income tax lawyer can provide the guidance and knowledge that will help you with back IRS taxes and negotiating with the IRS on back taxes, and how to get them taken care of in a satisfactory way.