Anyone who has a considerable tax debt can apply for federal income tax relief. Not everyone is aware how to go about to look for help. They believe they are stuck and have no options. This is not so, there are options available. The IRS depends on the fact that majority of taxpayers will not look for legal counsel in such cases, but it is in your good interest doing so. The IRS has harsh penalties and fines if you fail to pay back taxes, which can happen to anyone, whether they are wealthy or a middle-class citizen. If you need Federal IRS tax relief, then you must look for assistance now before the IRS files a Notice Of Intent.
We are all aware the IRS is not playing games, and a Notice of Intent is just one of means designed to get the attention of the taxpayer. They can claim your income, retirement account, home, property, jewelry, cars, boat, stocks, property and any property that might be of value. If the IRS has in mind to file a lien against your property, they first should file a record with the county recorder where the property is located. This is only one of many other steps the IRS will follow, if you do not seek to reduce tax debt, an income tax settlement or IRS tax debt assistance.
The moment you get the Notice of Intent, which is sent via certified mail, it becomes a situation in which time is essential. You are allowed ten days to file a response and up to thirty days before any formal collection action can begin. It is during this time that you are advised to look for a consultation with a tax attorney, you need Federal tax relief.