Tax Tips: IRS Tax Relief Solutions

By: John Spurgeon Click author's name for more of his/her articles

Are you in need of some IRS tax relief? Collection actions by the IRS for federal income taxes or the Franchise Tax Board for California income taxes can be very overwhelming to a taxpayer. When faced with a major IRS tax problem, taxpayers can turn to a tax attorney or CPA for assistance. Arranging IRS tax relief for individuals and business owners is what they do every day. Rest assured they can assist you with the most difficult tax problem.

The IRS is basically a collection agency with a great deal of power granted by Congress to collect what they think the taxpayer owes. Once a tax debt gets into the IRS system, they are relentless in collecting the taxes due plus penalties and interest. Unless the taxpayer pays the full balance owing, penalties and interest will accrue each month there is an outstanding balance.

Some of the powers that the IRS has include:

• Wage garnishment – this can be very embarrassing to the taxpayer as the garnishee notice goes to the taxpayer’s employer who will deduct the tax amount from the pay checks and remit it to the IRS.
• Bank account levies – this can cripple a taxpayer financially, especially if the taxpayer is self employed. The funds can come right out of the taxpayer’s bank account at lightning speed.
• Tax liens on assets and property seizure – if the wage garnishment and the bank account levies do not satisfy the tax debt, the IRS will seize assets such as your home, car or business assets—then sell them at public auction.

The IRS and the Franchise Tax Board realizes that individual taxpayers and business owners can find themselves in financial difficulty and are unable to pay the full balance of the IRS tax debt. But, there are a number of options such as tax repayment plans that can be negotiated. Taxpayers should not procrastinate about tax debt as the collection actions will just get more severe. Do not ignore the situation and get the tax problem resolved as soon as possible.

Taxpayers looking for effective IRS tax relief should consider engaging an experienced tax debt attorney and/or CPA to solve the tax problem. John Spurgeon is both a CPA and tax attorney in Pasadena, California servicing clients in the San Gabriel Valley and the greater Los Angeles area. John Spurgeon & Associates have the proven knowledge and experience to effectively represent taxpayers when dealing with the IRS tax or the Franchise Tax Board. Please call 626-440-9518 for a complimentary initial consultation.

About John Spurgeon & Associates

John Spurgeon & Associates is a professional services firm located in Pasadena, California with a focus on tax law and related accounting services. They have extensive experience with federal and state income taxes, payroll taxes and sales taxes. They represent business, non-profits and individuals against the IRS and the Franchise Tax Board (California State Taxes). As both tax attorneys and Certified Public Accountants they offer a broad range of tax related services.

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About The Author: John Spurgeon is a native and resident of Pasadena, California. He is a father of eight and a grandfather of seven. He has over 25 years of experience dealing with corporate income tax, individual income tax, tax planning, litigation of civil criminal cases and tax controversy. Being both a tax attorney and CPA provides clients with the best of both worlds. For more information, please visit www.taxproadvocate.com.