Can the IRS Seize Your Bank Account Without Any Notice?
“IRS took money from my bank account. Can it do that?”
If you owe the Internal Revenue Service (IRS), and they have attempted to contact you about this issue multiple times, and you’ve not responded, then yes, the IRS can seize your bank account. But the real question is: “Can they do this without any notice?” The answer is no. The IRS is supposed to give you several opportunities to pay your taxes. This is mainly done by mail.
While other forms of communications can easily get hacked, and even some can impersonate an IRS representative over the phone, the good old fashion United States Postal Service still has proven to be reliable. Although, there are some scam artists who may also send mail disguised as the IRS.
So if you’ve received a letter from the IRS, address it! Whether you think it’s legit or not, you’ll be better off verifying the document with the IRS first. Unfortunately, you may have to waste some of your valuable time doing this, but it’s better to make sure that the letter is valid rather than to assume it’s a scam. Either way, the IRS ought to be notified.
Do keep in mind that you should contact the IRS directly regardless of whatever information was printed on the letter. There’s a chance that scammers might include some sort of bogus contact information. Uncle Sam, however, always lets you get in touch with the IRS on a relatively direct basis. That being said, you have to act fast in order to avoid incurring some kind of future penalty or the dreaded seizure of an important account.
If you’re worried about whether or not the IRS will take money from your bank account, there are several steps that need to happen before that can take place. And a lot of that has to do with you not being negligent. If you prefer to avoid the IRS seizing money from your bank account to pay off your tax debt, there are a few things you can do to prevent this:
How to Avoid IRS Seizing Money From Your Bank Account
Believe it or not, the IRS appreciates it when you communicate with them and explain your situation. However, it’s certainly worth noting that there’s a fine line between explaining your financial situation so that you can work out a payment plan and explaining to an IRS representative why you chose not to pay your debt. There is a difference. The IRS is not concerned with why you can’t pay your taxes. They are more interested in how much you can afford to pay.
Think about how you might feel if you were a caseworker for the IRS. Contrary to popular belief they are indeed regular people, so put yourself in their shoes for a moment. If you heard a taxpayer giving you a large number of excuses, then would you possibly feel like they were trying to weasel their way out of a difficult situation? While this might be an unfair judgement, it’s easy to understand why someone listening to you might feel this way. Focus more on how much you’ll be able to pay and the IRS might prove to be a bit more understanding.
At times, the IRS has even been able to outright reduce the responsibility a legitimately impeded taxpayer owed.
2) Pay Your Debt
Sometimes, it’s just a simple matter of knowing that you owe the IRS. There are plenty of cases where taxpayers aren’t aware that they owe the IRS. It could be that they relocated, going through a separation of some sort, or perhaps the notice got lost in the mail. The latter is rare, but it can happen. At any rate, being aware is oftentimes half the battle. And the amount owed is not always as egregious as you might think. All you simply have to do is pay your debt.
Most people who don’t realize that they owe any sort of tax debt are in the middle of some sort of difficulty. Whatever the case may be, you’re probably bogged down by something stressful. If this is the case and you find that you’re responsible for an outstanding balance you can clearly afford, then make sure to pay it off as soon as possible. It’ll be one less thing that you have on your mind when you’re trying to sort everything else out.
3) Consult a Tax Professional
Unfortunately, tax issues are not always simple. Sometimes, the case can be far more complicated and a few phone calls to the IRS is not going to resolve the issue. This is when you want to bring in the professionals who have experience, and most importantly, success in alleviating any tax issues no matter how much the amount owed is. You’ll want to find a tax firm with proven success in helping taxpayers get out and stay out of debt.
Success Tax Relief will not only help you resolve you’re tax issues