IRS Tax Collections
When you owe taxes to the government, you owe a debt once the tax has been assessed. The IRS is empowered under the tax laws to collect that debt. To perform its debt collection function, the IRS has several very powerful enforcement tools at its disposal. It can seize and sell all property and right to property that you have or that are in the hands of a third party, after you’ve been served several notices, in order to collect the tax you owe. The IRS can serve you summons, which is a formal demand that you appear in person, with or without documents, to provide information or testify concerning an investigation it is conducting. The IRS can also serve summons to other parties, such as banks and other financial institutions that you deal with to provide financial information it needs for its investigations, if you’re uncooperative and choose to not to provide the information it requested from you. The IRS can also levy your wages and bank accounts in its efforts to collect the tax debt you owe. However, these powers are exercised after a number of notices the IRS is required to have served you. How you handle the notices and how you deal with the IRS during the collections period have a lot to do with how effectively you can resolve your case.
Don’t take on the IRS or the other taxing authorities without the assistance of an experienced and knowledgeable tax attorney that knows how they work. If you have been contacted about starting collections on a tax debt that you or your business owes, don’t hesitate to contact or call us at (770) 962-7201. Your initial consultation is free.
Providing quality and affordable tax advice, opinions, representation, and litigation services, to individuals and businesses throughout the metro Atlanta, Georgia, area, including those located in Decatur, Marietta, Roswell, Peachtree Hills, Sandy Springs, Brookhaven, Buckhead, Lawrenceville, and in other cities in DeKalb County, Clayton County, Fulton County, Cobb County, and Gwinnett County, and beyond.
The Law Offices of Gregory C. Okwuosah, LLC
- A Tax Law Firm -
295 Culver Street
Suite C
Lawrenceville, Georgia 30046
Phone: (770) 962-7201
Cell: (313) 407-0636
Fax: (770) 962-7202
E-mail: greg@gcoLAW.com
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