When the IRS believes that you owe them money, they will relentlessly try to collect. If you owe money for personal taxes, they can try to take your home, property and even levy your bank accounts, plus you can have your wages garnished.
In the case of business IRS collections, the IRS can seize your company, equipment and any outstanding receivable accounts. They may also contact your customers and request that they send payments direct to the IRS rather than your business. This can ruin your reputation and credibility in the community.
The LA Tax Attorney Network can assist you with IRS Collections and help come arrange payment agreements and settlements in some cases. Call us today if you owe back taxes to the IRS or State Revenue Board.