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A IRS Taxpayer's gross income and withholdings for IRS Federal, Social Security and Medicare income is reported to the taxing authority by an employer or vendor income source earned by the IRS taxpayer annually.
Once the SFR IRS tax is assessed penalties (Failure to File on time, Failure to pay) and interest will be tacked on as a consequence for not following IRS taxpayer obligations to file a IRS tax return timely or pay the balance owed in a timely manner.
The IRS will begin its collection process immediately thereafter.
Another note worth mentioning is the fact most states do not have a collection expiration statute of 10 years like the Internal Revenue Service. Meaning, the majority of states can go as far backward as necessary to identify a IRS tax bill and collect on it.
Call DWK Tax Group to discuss your options and solutions sooner than later @ 1 - 8 6 6 - 2 2 6 - 6 1 0 2 for a life changing step toward financial peace and security. All we need is 20 minutes of your valuable time to review the complexities of your case file. Grab a paystub or P&L prior to calling, that would be very helpful.
DWK Tax Group is a full service IRS and State tax resolution firm with a sterling reputation rivaled by none. We offer no non-sense IRS Tax Attorney and IRS Enrolled Agent representation. We will not accept your case if we cannot save you money. Across the board, Clients IRS tax problems are engaged in a laser like speed with the determination of case resolution as if the problem were our own.
Missing 3, 5, 7 or 10 years of tax returns? DONE in 24 to 48 hours. We are all business, we offer sustainable and tangible solutions, period.
DWK Tax Group
1-866-226-6102
www.dwktaxgroup.com
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