IRS Collection Procedures

The IRS has powerful collection tools at its disposal. Do you need help leveling the playing field to avoid overpaying and fight back? 

The process often starts with a series of notices (e.g., CP14, CP501, CP503, CP504) informing you of tax debts and demanding payment of back taxes. Ignoring these notices can lead to more aggressive action, including:

• Liens: A federal tax lien is a legal claim against your property. This lien is public record and can damage your credit rating, making it difficult to obtain loans or sell your property. 
• Levies: A levy allows the IRS to seize your assets to satisfy your tax debt. This can include wages, bank accounts, retirement funds, and even physical property like your car or house. 
• Garnishment: Wage garnishment is a type of levy where the IRS takes a portion of your paycheck directly from your employer.
• Escalating penalties and interest: Failure-to-pay penalties increase to 1% a month, just 10 days after issuance of a notice of intent to levy. 

How a Tax Attorney Can Help

A tax attorney can be your advocate in dealing with the IRS. At Frost Law, our tax attorneys have extensive experience in resolving tax controversies and negotiating with the IRS. 

We can help you:

• Stop IRS Harassment: We can communicate with the IRS on your behalf and put an end to the constant phone calls and letters.
• Reduce Penalties: The IRS can assess significant penalties for late filing, late payment, and other tax violations. We can work to reduce or eliminate these penalties, potentially saving you thousands of dollars.
• Settle Your Tax Debt: We can negotiate with the IRS to settle your tax debt for less than the full amount owed. This could involve an Offer in Compromise (OIC), Installment Agreement (IA), or another payment arrangement.
• Remove Liens and Levies: We can help you get IRS liens and levies released, freeing up your assets and protecting your financial future.
• Represent You in Audits: If you're facing an IRS audit, we can represent you and protect your rights.

Maryland Comptroller Issues? We Can Help With That Too.

In addition to IRS issues, we also handle tax controversies with the Maryland Comptroller. If you owe back taxes to the state of Maryland, we can help you resolve the issue and avoid further penalties.

Don’t Face the IRS Alone. Get Help From Experienced Tax Attorneys in Maryland.

The IRS has many methods of tax collection, which can be overwhelming to face. But you don't have to go through it alone. The tax attorneys at Frost Law are here to help. We have been helping clients find IRS relief for over ten years in Baltimore, Towson, Catonsville, Columbia, Rockville, and beyond.

Are you ready to stop the IRS collection action and take control of your financial future? Frost Law can answer your questions, assess your situation, and develop a personalized strategy to resolve your tax problems. Don’t let late filing penalties or other notices keep you up at night. 

We can help you get back on track. Don't let past-due tax returns turn into a bigger problem.

Contact us today at (443) 743-3381 or fill out our contact form for a confidential case evaluation. Our attorneys are here to help.