7 Common IRS Tax Problems - MC Tax Relief

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7 Common Tax Problems

Do You Have a Federal Tax Lien?

Tax Liens can really make your life miserable! When your taxes are unpaid the IRS and/or the State files a lien against all of your assets. This gives them the legal right to collect taxes from the sale of your assets, which includes literally everything you own.

Tax liens may be filed against you, your spouse, or your company depending on how the tax liability was incurred. Everything you own is in jeopardy of becoming property of the government.

To make matters worse tax liens filed against you show up on your credit report and often prevent you from opening a checking account or borrowing against any assets, like your home. If a lender is willing to approve a loan for you, the interest rate will be higher when a lien appears on your credit report. Think about paying 18-22% interest on a car that is already too expensive. Buying or selling real estate is likely out of reach as well.

The good news is, unlike most Puget Sound area tax firms, we specialize in solving tax problems and we can help get you back in compliance and remove any liens that you have on your assets. We help our clients get back on track with the IRS and we can help you too!

We can help remove tax liens!

Tax liens can be removed once the government is satisfied that you are compliant, so getting compliant is step number one in the process. That could be filing back tax returns, setting up an installment agreement, or enrolling in one of the other IRS settlement programs. The good news is once your tax problem is solved we can get tax liens erased from your credit report! If you have a tax problem and need our help call us today at (855) 540-0850.
Contact MC Tax Relief for immediate help

Unfiled Returns

Having unfiled returns is not a situation to take lightly; failing to file your tax returns is a criminal offense. If you do not file, you can be prosecuted and punished, possibly with jail time. The guidelines are one year for each year not filed. Don’t put your freedom on the line over failing to file your tax returns!

Let MC Tax Relief give you peace of mind by helping you get into compliance with the filing requirements. If you voluntarily file your delinquent returns, you’ll likely avoid further problems other than having to pay the interest and penalties.

If you wait for the IRS or State to file your returns for you, they will be prepared in the best interest of the government. The IRS will not include exemptions, deductions, or credits that could reduce the tax amount.
In most cases, you will likely owe taxes, interest, and penalties after the returns are filed. Once we see how much is owed, we’ll design a plan of action to resolve that too.


To get started let us help you get those unfiled returns filed. Call (855) 540-0850 today.

Once you become our client you won't have to speak to the IRS anymore.

If they want information or to talk to you they will have to go through us. The first step to getting tax problem help is calling us at (855) 540-0850 and scheduling a one hour no obligation case evaluation with one of our tax relief specialists. During this meeting we will discuss the details of the case and make plans to start the investigation. During the investigation phase of your case we will be gathering information, pulling transcripts, and finding out what the IRS knows about you. Once all the details are in place we will set up another meeting to go over your resolution options.

Trying to figure out how to end a tax problem on your own probably feels overwhelming, and that’s why you’re entitled to representation. Take advantage of it! Believe it or not an experienced taxpayer representative often knows more about the IRS programs and rules than a lot of IRS agents!

Levies and Garnishments

Levies do serious damage to a taxpayer. A levy is the IRS’s way of getting your money and your immediate attention. What they are saying is, “We have tried to communicate with you, but you have ignored us. If you own it, we can take it.” That includes bank accounts, autos, stocks, bonds, boats, pension checks, paychecks, and even Social Security checks!

Imagine waking up one morning and finding your bank accounts have been cleaned out. If this amount did not cover what is owed, they will keep filing levies until they have collected every dollar you owe. They know that levying your bank account will cause checks to bounce, alerting many people that you have tax problems. They do not care! Their sole objective is to collect the taxes owed. Period.

As bad as a bank levy is, a worse problem is a wage levy (or garnishment). That is when most of your paycheck goes to the IRS or State, and they do not even leave you enough to pay the bills. If that doesn’t accomplish what they want, they’ll pull out all the stops. They can seize and sell your assets.


We can help with Levies and Garnishments!

We are often able to get those levies released and help you get out of this terrible situation. Our goal is to get you even with the IRS, with what you can afford, and let you get a fresh start. Remember, the earlier we address the problem the more successful we are likely to be. Ignoring a tax problem is a guaranteed path to a bigger problem. If you have a levy or garnishment and need our help call us today at (855) 540-0850.

Foreign Bank Account Problems

Over the last few years, the Internal Revenue Service has commenced aggressive enforcement in the area of foreign bank account reporting. Amnesty programs allow taxpayers to become compliant in reporting and paying the tax due. 

The programs afford taxpayers an opportunity to avoid criminal prosecution. 

However, the tax cost is burdensome and the rules are complex.

We can help with foreign bank account problems!

Due to the complexity of foreign bank account problems professional representation is highly recommended in this area. If you have foreign bank account problems and need our help call us today at (855) 540-0850.

Seizures of Assets

Unlike a levy, which involves liquid assets such as your bank account, a seizure is the taking of physical assets, such as your home or car. Seizures happen in aggravated cases when someone ignores repeated requests by the IRS over a long period.

Do not take seizure threats lightly. If you fail to address your tax issues, the IRS will ultimately pursue seizure of your physical assets. Do not think they will not. Many a newspaper or television show has reported on citizens forced out of their homes after the home is sold at an 
IRS auction, often for far less than its true value.

When the IRS seizes your assets, they want to liquidate them quickly to get the cash to reduce your debt with them. They sell seized assets at auction, which means they often get less than half of what the asset is worth. You can be sure you are losing much of your equity in the asset.


We can help with Seizures of Assets!

If the IRS is threatening to begin seizing your assets you need to move quickly. You need to contact a tax resolution specialist today to begin working on your case immediately. Every minute counts. Call us today at (855) 540-0850.

Payroll Tax Problems

The most serious of tax problems is the failure to collect, account for, and pay to the government any payroll taxes that were, or should have been, withheld from employees. These are referred to as “trust funds” and are vigorously collected using the most aggressive tools available to the government. Employers who pay their employees the amount of the employees’ net payroll and fail to remit the taxes related thereto are the classic case of payroll tax problems.

When the government detects “pyramiding” of trust fund taxes through continued payment of net wages and continuing failure to remit the related payroll taxes, they will not hesitate to seize assets and effectively close the business down. If you are delinquent in the payment of trust fund tax it is imperative that you address the issue at the earliest possible time.


We can help with Payroll Tax Problems!

At MC Tax Relief we are payroll tax problem experts! We have worked with hundreds of businesses over the years get back on track and stay in business. Timing can be very important in payroll tax problem cases, and you need to contact a tax resolution specialist today to begin working on your case immediately. Every minute counts. Call us today at (855) 540-0850.