If you came home one day to find a letter stating that you owe back tax debt to the IRS – What would be your plan of action?
Man people put it to the side and plan on dealing with it later – and don’t. Some even believe that if they ignore it, it will go away. Unfortunately the way it works is if you don’t pay your debts to the IRS, they will have no problem levying your bank accounts. If you are unable to make a payment to the IRS, the best thing you can do is hire an IRS lawyer to help sort out what can be done. Because If you decide to not pay, be prepared to get a levy on your bank account. In the case that this happens to you, here are a few things to know about your frozen accounts.