Many taxpayers who owe back taxes to the Internal Revenue Service (IRS) will receive a notice of tax due and attempt to resolve the issue themselves. If you owe an amount less than $10,000 this makes sense. However, when the liability exceeds $10,000, it's always a good idea to seek professional representation.
Owing the IRS money is a stressful process. Adding long wait times to that process just makes the stress even worse. But, as many people have experienced recently, long wait times for tax documents processing have become a common problem. This isn’t just because the IRS wants to make you wait. They are working hard to fix the problem, even if it may not seem that way to everybody.
Carly* was overwhelmed. She found herself owing over $32,000 in back taxes, penalties, and fees to the IRS. She feared the destruction to her personal credit that a tax lien would cause, and she couldn’t handle the loss of income she’d face if the IRS decided to garnish her wages.
The Internal Revenue Service Data Book (Publication 55B issued March 2013) for the Fiscal Year 2012 noted that for the fiscal year the total number of returns audited exceeded 18 million.
Frequently there are taxpayers that do not file individual or business tax returns for one or more years for various reasons. Missing all or a portion of their records and documents, personal or financial hardship and/or neglect are one of many reasons to fall behind
