Here you go again---You head to the mailbox and there is another letter from the IRS. Just like with last month's IRS letter, you go into a paralyzing panic, and put the unopened letter on a pile with all of the other unopened letters from the IRS. CAUTION: Ignoring the IRS is a huge financial health hazard. Unlike fine wine, nothing in the tax world gets better with time.
One of the most dangerous things you can do is ignore the IRS. The IRS interprets your silence as non-cooperation and a failure to take your responsibilities as a taxpayer seriously. Tax problems do not go away by ignoring them---they get worse and worse as the IRS uses its tools to ratchet up the pressure to get into tax compliance. One day you will wake up to a zero balance bank account or an email from your employer letting you know the IRS has garnished your wages.
The best way to interact with the IRS is to hire a tax professional to help you get back on track with the IRS. If you can't pay your taxes right now, ignoring the IRS won't help! Let's do a financial analysis and see if you qualify for currently non-collectible status (CNC). Let's see if you qualify for a payment plan or get you caught up on unfiled tax returns so we can negotiate an offer in compromise. There are many tools we can use to solve your tax nightmares.
If you have unopened mail from the IRS, contact me so we can see what is going on and make a plan to get back on track with the IRS. I am located in San Mateo, CA (San Francisco Bay Area) but serve clients in the greater northern CA and nationwide! I am available for phone or email consultations. Call or email today!