How Do You Stall IRS Efforts To Collect Back Taxes?
As the tax laws become more complex, and people are more frequently unable to pay what is due in taxes, it’s no wonder that the IRS has stepped up efforts to collect them. But the IRS is also facing the pressure of doing more with fewer people, so they have had to develop automated ways to go after those who owe them taxes. The theory has always been that the longer you are able to delay any payment, the less expensive it will become because of inflation and other factors. Here are some ways you can stall IRS efforts to collect back taxes. Interrupt the system once the IRS begins its procedure to collect what you owe them. The system begins with your receiving notices of the “Service’s” intention to collect back taxes as well as any penalties and interest that are due. Each of the four notices that are sent to you are a bit more threatening than the last one you received. To slow down this process, all you need to do, in most cases, is to ask for an extension. You will then be given 45