When the IRS has determined that a person owes and has not paid some tax debt, the IRS will send that person a bill, initiating the collections process. The IRS collections process can quickly become involved, complicated and expensive, particularly if a person disagrees with the alleged outstanding tax debt and/or if the tax account ends up being labeled delinquent.

Denver Tax Attorney   The IRS Collections Process

When an IRS collections process has been initiated for some tax debt, contact a Denver tax law attorney at Goldman Law, LLC to favorably resolve this issue.

If you have received a tax bill from the IRS, resolving the tax issue as soon as possible will be critical to:

  • Preventing interest and penalties from being added to your debt
  • Preventing negative impacts to your credit
  • Preventing the IRS from seizing your assets, garnishing your wages and/or taking other punitive actions against you.

At Goldman Law, LLC, our Denver tax law attorney has extensive experience helping people work out the best possible resolutions to their tax debt issues to successfully end the IRS collections process. Our legal professionals will develop solutions to specifically tailored to your tax debt issues, and we will stand up to the IRS on your behalf to ensure that you are able to resolve these issues as favorably and efficiently as possible.

What You Need to Know about the IRS Collections Process

  • When people can’t pay their tax debt, there may be other options for resolving the collections process – While the quickest way to stop the IRS collections process is to simply pay a tax debt, people who can’t pay this debt may have some alternative solutions, such as applying for an extension, working out an installment agreement or even applying for an offer in compromise. The best option for a given taxpayer will depend in the specifics of his situation, and an experienced attorney can best advice people facing IRS collections of how to proceed.
  • IRS tax liens can be filed even after people work out solutions with the IRS – In some cases, the IRS may move forward with a tax lien against someone even if that individual has already worked out a resolution to their tax debt with the IRS. Specifically, this usually occurs when the IRS wants to exert its priority over other creditors when taxpayers may be pursuing bankruptcy and/or may be selling some significant asset (like, for instance, real estate).If  the IRS files a lien against someone as part of (or after) the collections process, this lien can appear on a person’s credit report and can, as a result, impact his credit score.
  • The IRS won’t release liens until tax debt has been fully paid – Paying a tax debt in full will involve paying any interest and penalties that may be associated with a debt. However, taxpayers may be able to settle their outstanding tax debt for less than the total amount owed, and they may be able to pay the agreed upon settlement installments.

The bottom line is that, when the IRS collections process has been initiated, a person should take immediate action to try to appropriately deal with the outstanding tax debt, stop the collections process and avoid being penalized with potentially expensive fines and fees in the near future. The best thing to do in these situations is to contact a Denver tax law attorney at Goldman Law, LLC.

Denver Tax Law Attorney at Goldman Law, LLC

Have you received a tax bill or some other notice from the IRS regarding your outstanding tax debt? If so, don’t try to deal with this on your own. Instead, contact the trusted Denver tax law attorney at Goldman Law, LLC for superior legal services and representation in successfully resolving your tax issues. At Goldman Law, LLC, we have the experience, resources and knowledge necessary to help you resolve your tax issues as beneficially and efficiently as possible.

Contact Us

You can set up a case evaluation with us by calling (303) 656-9529 or by emailing us using the contact form on this page. From our offices in Denver, we serve clients throughout Colorado.