If you owe a tax bill to the IRS, your business may be seized. A seizure does not happen immediately. But, it is an option if you do not make adequate arrangements to pay your past tax amount. The IRS will begin the collection process for all tax bills by contacting the business owner by mail. You should reach out to an experienced tax attorney to avoid any costly missteps throughout the rest of the process.
The most favorable outcome could be to make a payment arrangement with the IRS. A capable tax attorney can negotiate on your behalf. So, you do not have to deal with the stress of worrying whether you made the right decision. The IRS has broad powers to seize a range of assets if you do not follow your tax bill repayment obligations.
You could find yourself without a home, vehicle, and business by not acting fast enough to resolve these issues with the IRS. You should also maintain a good relationship with the tax collector, so you do not get blindsided by enforcement action.
As the lead attorney at the Law Offices of Darrin T. Mish, P.A., I assist clients with a broad range of legal issues involving the IRS. I give each client the time and attention that he or she deserves to resolve tax issues. There is no problem that is too large or too small for our offices to handle.
The sooner you make the call to set up an appointment, the sooner you will get the peace of mind you have been searching for to put this issue in your rearview mirror.