Published on July 4th, 2013 | by admin
Why not seek legal help with your tax debt?
Taxes are considered a unique problem to the citizens of the United States of America. We want to pay our fair share but don’t want to be abused. Prior to the creation of this sovereign country in 1776, the American Colonies under the United Kingdom were subject to taxation. In fact, this taxation without representation is one of the main issues cited for our breaking away from our British overlords. Since that time many American documents and laws have given the US government the power to fairly tax its citizens.
In 1787, the American Constitution was enacted which stated the federal government had the right to impose taxes but had to have certain considerations for property, religion, and other areas. In 1861, the Revenue Act was passed in hopes of raising money for the Union’s efforts against the newly formed Confederate States of America. Even after the success of preserving the Union through the American Civil War, taxes continue to haunt the everyday American citizen.
Taxes vary from state to state. Alabama, for instance, has a ten cent tax on a deck of cards. The one thing that holds true across all states is the need to pay federal income taxes. If you fail to do so, you will quickly find yourself with an array of tax debt problems. Using the abilities granted to it by the Internal Revenue Code, the IRS can place a levy on your bank account, paycheck, and even your personal property if it becomes necessary. If you have trouble with the IRS and back taxes, it isn’t as though the Fed can just come in and take your property. They need to first get permission from a federal judge, as set out by the Fifth Amendment. From that point a tax levy, an administrative action that grants the right of seizure of funds and property, can be placed upon your accounts and properties.
Help with IRS tax debt is available to those in need. Too many people are scared into inaction, thinking tax problems solutions are not readily available to them. However, there are professionals with a wealth of tax law knowledge willing to help with irs tax problems. Their help with IRS tax debt can get you released from your wage garnishment, reduce a garnishment, and also remove a lien on your property. Exactly what help with IRS tax debt each individual receives is dependent on the circumstances of each case. One thing is for sure; doing nothing will only make the problem worse. Find out more about this topic here.