You got behind in your taxes for any number of reasons, but what can’t be denied is the fact that you are behind. Making matters worse is the fact that you have not done anything to bring them current, and you made the decision to ignore the warnings from the IRS. This is a recipe for trouble, as the IRS always gets the money it is owed, and you’ll be dealing with Las Vegas Tax Problems before you know it.
There is no getting out of what you owe the IRS. You have a legal duty to pay taxes, and when you do not, the IRS works to collect on it. To that end, it sends you notices, warnings, then starts adding on penalties and interest to what you owe, putting you further in debt. If you don’t do anything about the problem, the IRS starts seeking out your assets in order to put liens on them. An IRS lien is something that may never go away as the agency has the right to renew the lien when it expires with no limitations. Basically, your Las Vegas Tax Problems are not going to go away until you deal with them.
In order to fix the problem, you have to approach the IRS and tell it that you are ready to work on settling your liabilities. The best way to do this is with an experienced tax preparer, one that is known as a registered agent (RA). An RA has the authority to go before the IRS on your behalf, and work to reduce the amount you owe.
The problem you face with the IRS is that it is under no obligation to reduce what you owe. The fact is plain: you didn’t pay the taxes when they were owed, and they are a legitimate debt. There is good news, however. The IRS is under direction to work with taxpayers on past debt, which means you have a better chance of settling your debt for the original amount and eliminate the interest and penalties.
When you owe back taxes, contact a tax professional who is a registered agent for help. Her expertise can get your tax issue settled for good, and keep it within your budget.
