Those that are facing problems with IRS penalties and fines should know that they are not alone. Every year, millions of Americans incur IRS tax problems of some kind. Sometimes they are through a mistake of their own, and other times it is a result of a mistake by the IRS. While the Cato Institute has recently estimated that there are close to 1.2 million professional tax preparers in the United States, there are still people out there facing serious problems with IRS penalties.
One of the most dreaded IRS problems one can face is a tax levy, which according to the U.S. Supreme Court, is a form of administrative power to collect federal taxes that dates back to 1791. Those facing tax problems with IRS auditors will want to know that according to U.S. Federal law, a tax levy is an administrative action by the IRS (Internal Revenue Service) under statutory authority, to seize property to satisfy ones tax liability without first going to court.
Those seeking help with irs tax problems will be relieved to know that the IRS first must provide the taxpayer with notice of a coming levy in addition to an opportunity to be heard. To do otherwise could be a violation of the U.S. Constitution. The ideal professionals for help with IRS problems will be there to remind their clients of everything that could be used to their advantage.
The problems with IRS fines that one could suffer from are truly daunting. One should always remember that when it comes to problems with IRS paperwork and fines, it is never smart to go it alone. More on this topic.