Can the IRS Seize Your Bank Account Without Any Notice?
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.
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:
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.
- 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.
- 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, we’ll also guide you on a course of action that will prevent you from getting into the same tax predicament with the IRS.