Have you ever wondered if the IRS has the authority to take your paycheck, get your financial information or call you directly? The IRS can legally do many of these things, to compel compliance and collect taxes. In fact, they can be ruthless, and unfair. We attend many of the same tax expert conferences that IRS auditors attend, and we know the rules they MUST follow. Agents in the field often try to skirt the “rules,” which translates to break the law and deny your rights.
First, none of this should happen without warning. In general, the IRS must notify you with a letter before it takes any of these actions. We will go to bat for you if the IRS treats you unfairly, and will often recommend that you seek legal representation–immediately.
Here are some common questions about what the IRS can do, what happens before and after the IRS acts, and what you should do to resolve the problem if they take any form of action against you.
- Can the IRS take or hold my refund? Yes.
- Can the IRS take my paycheck? The short answer: Yes
- Can the IRS file a return for me? Yes, but it’s not pleasant.
- Can the IRS seize my property? Yes.
- Can the IRS Visit Me at My Home or Business? Yes, but It Doesn’t Happen Much.
- Can the IRS call me? Technically, yes, But it’s rare.
- Can the IRS settle my taxes for less than what I owe? Yes – if your circumstances fit.
- Can the IRS take my passport? Indirectly, yes.
- Can the IRS get my bank account and financial information? The short answer: Yes.
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