|Page (1) of 1 - 12/26/12||email article||print page|
Los Angeles, California (PRWEB) December 26, 2012
Only 30 days after the final notice of 'intent to levy' has been issued to a taxpayer, the taxpayer's bank is required by law to restrict access to their account. Platinum Tax Defenders urges taxpayers with delinquent accounts to have their situation assessed by a tax resolution professional before the IRS moves to freeze assets, they are offering 30 minute tax resolution phone consultation through Jan-2013 at no cost.
Unpaid taxes can be resolved in the 21 days that the account remains frozen, but any delay and lack of communication make reaching a tax resolution very difficult. Depending on the amount owed, the IRS can employ multiple methods in resolving back taxes. Employers may be obligated to comply with a wage garnishment. Banks may be required to send payment directly from the bank account to the IRS. Then there's property seizure. Other assets, from houses to cars, can be seized and sold at auction.
This is a scare tactic, says Platinum Tax Defenders, to "force taxpayers into willful compliance". With a growing number of taxpayers getting audited in recent years, and the influx of new IRS agents, it's becoming more common to use these humiliating collection methods of garnishments and levies. That's why it's even more necessary to get help with back taxes before deadlines expire.