IRS Collection Enforcement
The Internal Revenue Service and the State taxing authorities have at their disposal an arsenal of methods to aggressively and efficiently collect taxes owed. Andreozzi Bluestein LLP’s professionals know how to navigate these waters and assist clients in resolving complex tax collection matters.
IRS Collection Enforcement
The Internal Revenue Service and the State taxing authorities have at their disposal an arsenal of methods to aggressively and efficiently collect taxes owed. Andreozzi Bluestein LLP’s professionals know how to navigate these waters and assist clients in resolving complex tax collection matters.
The enforcement initiatives of both the IRS and New York State have increased dramatically in recent years. Generally the first contact will be by letter, but if no response is made they may proceed to contact by phone or in person. You will usually be given a chance to voluntarily pay what you owe before forced collection action. However, if you don’t or can’t pay your debt in full, or make arrangements to address the liability, the IRS can resort to powerful collection enforcement action.
It is important to understand that, unlike a collection agency, the IRS or any state taxing authority does not have to file a civil law suit against you in order to obtain a legal judgment; it only has to determine your tax debt, properly notify you, and make an assessment against you. If you won’t or can’t pay the liability or if you refuse to engage in the process, the IRS can file a notice of federal tax lien against your property, levy your bank accounts and wages and legally seize your assets. Similar (but not identical) powers exist for the state taxing authorities to forcibly collect a tax debt.
Ignoring the IRS or the State is just not a solution. Call the attorneys at Andreozzi Bluestein LLP today. We will work with you to develop a real resolution to your tax problem.
Latest News
New York Adds an Economic Hardship Exception to License Suspension Statute
By: Heather Marello, Esq. In 2013, New York added Section 171-v to the tax law, which provides that the State may suspend a taxpayer’s driver’s license if his or her tax, penalty and interest exceeds $10,000 and the taxpayer ...
Read moreOur View on Cryptocurrency Taxes & the IRS
By: Randall P. Andreozzi, Esq. Cryptocurrency investors be warned. The IRS is coming for you. Over the course of several years, the IRS has methodically ramped up its efforts to tackle the burgeoning cryptocurrency market. ...
Read moreIRS Completes Unprecedented Campaign Targeting Employment Tax Crimes
By: Kevin Murphy, Esq. In our most recent blog post, we discussed the importance of timely payment of payroll taxes and how serious the IRS is taking the issue of criminalizing the Trust Fund Recovery Penalty. As a follow up, we ...
Read moreWHY YOU SHOULD ALWAYS PAY YOUR PAYROLL TAXES: A PRIMER ON TRUST FUND RECOVERY PENALTIES (PART 2)-CRIMINAL EXPOSURE
By: Kevin Murphy, Esq. In Part 1, of this blog, we explained and discussed the civil aspects of IRC 6672- the Trust Fund Recovery Penalty (TFRP). At the end of Part 1, we mentioned that the civil statute is virtually identical to ...
Read more“But It’s Not My Fault” How to Obtain Innocent Spouse Relief
By: Heather L. Marello Married taxpayers often file their annual income tax returns electing “married filing joint” status. While often beneficial from a tax perspective, spouses rarely understand that, by electing this ...
Read moreThink the IRS is quiet during the Shutdown? Think Again! Another Form 3520 Trap for the Unwary
By: Randall P. Andreozzi Things are emerging from the abyss that is the longest government shutdown in United States history. Yes, there exist some things so resilient, so pervasive, so constant they can survive and ...
Read moreClient Privilege – When you have it & when you don’t may surprise you.
By: Gary P. Bluestein Many accountants incorrectly assume that their communications with their tax clients are always privileged and confidential. Unfortunately, sometimes tax cases can cross over into potential criminal exposure ...
Read moreUnderstanding the IRS Collection Process (Part 4)
By: Margaret Fichtner This is the last entry in our 4-part series of understanding the lifecycle of a tax controversy. In Parts 1, 2 & 3 we discussed an overview of a controversy, understanding the audit process, and also the ...
Read moreIntroduction to IRS Appeals and the U.S. Tax Court (Part 3)
By: Michael J. Tedesco, Esq. Introduction to IRS Appeals IRS Appeals is a separate branch of the IRS, whose purpose is to resolve tax controversies between the IRS and taxpayers through an informal, administrative process, fairly ...
Read moreThe Lifecycle of a Tax Controversy (Part 1)
By: Michael J. Tedesco, Esq. We find that accountants and taxpayers are often unfamiliar with certain aspects of the typical tax controversy (i.e. how a tax matter moves through assessment, Tax Court/Appeals and Collections). We ...
Read moreWe are a law firm built on Experience, Vision & Trust
Whether you need tax counsel for litigation, representation before the IRS, an advocate in tax controversies, or thorough tax analysis and objective consulting, our attorneys have the experience and obtain lasting solutions.