This has led to the loss of billions of taxpayer dollars and the swamping of IRS agents with ‘scam’ tax returns. To establish tax refunds and unemployment claims, valid tax returns must be submitted. Changing laws and a lack of some oversight has had the unfortunate effect of taxpayers either not receiving their returns, or in some unfortunate cases, taxpayers whose identity was used fraudulently, being notified by the IRS that they are now in arrears with their federal and state taxes.
A Tax Debt Relief Professional Should be Sought Immediately
It is frightening to citizens to receive a notification from the IRS that they are in arrears when they know beyond a shadow of a doubt that they did not file an incorrect return. A tax preparer or accountant might have even been used, or in some very unfortunate cases, with senior citizens, they were non-filers who did not file at all. Although the IRS provides information on its website about how to verify any tax returns, once a return is flagged for arrears it is difficult to approach this on one’s own. Liens and penalties generally start accruing almost immediately. The dates on the notifications can request a response as soon as the notice is received or with a very limited timeframe.
Not Only Does This Present a Tax Nightmare but an Identity Theft occurrence. This cannot be taken lightly. Tax debt relief professionals can assist in clearing up this type of complex matter before action is taken by the IRS. Because of its backlog of approximately 325 million unprocessed returns, some dating back to 2019, getting the attention of an IRS agent immediately is quite a long shot. The IRS itself has established a process of identity verification that began in March 2021 through an outside firm called ID ME.
It does involve at least two proofs of current identification, as well as in most cases, a video call or selfie that is used by the representatives of the company to verify someone’s identity. Individuals who are simply waiting on a tax return can very well have time to educate themselves on the process and self-verify. Those unfortunate enough to get a letter attesting to arrears do not have the time to allow this to go on. Immediate action needs to be taken.
Topic Number 201 on the IRS Website Can Shed Some Light on Timeframes for Collection
However, the state statutes may vary widely, and a tax relief professional is the ultimate solution to alleviate the stress and uncertainty that comes with fraudulent tax returns. The IRS in general will try to collect any owed taxes as soon as possible but does have up to ten years in which to keep proceedings in place. An IRS Security Summit is in place now for situations that occur from tax fraud and identity theft. Working with a professional tax consultant will speed up the process and provide immediate insight.
Have Questions? Learn More About Tax Debt Relief by Contacting Anderson Bradshaw Today
Navigating the complexities associated with tax debt, tax refunds and unemployment claims can be extremely challenging. Our law firm, Anderson Bradshaw, is comprised of skilled and experienced tax professionals and consultants that can help you through your unique tax situation, including ways to secure tax debt relief. With over three decades of experience in the industry, we have seen many different tax issues and have learned the best ways to handle them based on our clients’ unique situation. For further information or to schedule a free 30-minute Tax Consultation contact Anderson Bradshaw today at 877-550-3911 to or fill out this form to receive a complimentary Tax Evaluation.
