Some Georgians fall behind on their taxes or are unable to pay them in full. When a taxpayer doesn't pay what the IRS believes it is owed, the IRS may place a lien on the taxpayer's assets. When the IRS does this, the lien will apply to all of the assets that the taxpayer owns, including those that are acquired after the lien has gone into effect.
Fears about the consequences of IRS debt are common among Atlanta residents who owe or think they owe a tax bill. Some of the persistent worries deal with the possibility of a tax lien, wage levy or asset seizure. The individual facing possible collections actions by the IRS may need to contact an attorney for specific advice on their case and help in fighting a possible seizure. However, there are some general points that anyone can understand about the seizure process.
Partial privatization of tax collections has introduced a serious problem for Georgia residents. In some cases, collections agencies are using their affiliation with the IRS to harass people who alleged to owe the IRS money, and the tactics used are running afoul of the Fair Debt Collection Practices Act. Suggestions are provided for citizens looking to protect themselves from illegal activity carried out by IRS collectors.
Georgia taxpayers may think that they can depend on the official IRS.gov website, but the Internal Revenue Service itself has stated that this may not always be the case. Instead, taxpayers need to refer to official publications. Content like frequently asked question lists may appear on the IRS website, but they don't constitute law, and following them could place people in danger of noncompliance.
The Internal Revenue Service has warned taxpayers in Georgia and around the country about a new telephone scam. According to the agency, callers posing as representatives of the IRS tell potential victims that attempts to contact them using certified mail have been unsuccessful and they must make an immediate payment using a prepaid debit card to avoid arrest. The callers are said to be adding an air of credibility to the scam by claiming that the prepaid debit cards are connected to the Electronic Federal Tax Payment System.
Georgia residents may believe that their tax returns won't be audited after they receive a refund check. However, this is not necessarily the case as the IRS has up to three years to audit most returns. Those who receive a refund that seems too large may wish to keep the check and mention the possible error to the government. This is because the IRS may ask for the money back plus interest if a refund was mistakenly issued.
Georgia residents may have heard that watchdog groups believe the IRS needs more resources to effectively do its job. This was according to testimony given to a House subcommittee by the Treasury inspector general for tax administration. It was also the opinion of a tax advocate who also gave testimony on May 23. However, neither had actually seen the budget before coming to this conclusion.
Every year, taxpayers in Georgia and around the country who were expecting to receive federal income tax refunds are sent what are known as offset notices instead. The Bureau of Fiscal Service, which is part of the U.S. Department of the Treasury, sends these notices out when refunds are being withheld because taxpayers owe certain types of debt. The agency can also garnish Social Security and Social Security Disability Insurance benefits in similar situations.
It is possible that a Georgia resident will be visited by an IRS agent. However, it is important to understand whether or not a person claiming to be an agent is a legitimate representative of the IRS. There are three main reasons why an agent may want to visit with a taxpayer. First, a caseworker may make a routine unannounced visit to remind a taxpayer about his or her tax obligations.
Up until recently, Georgia residents could be fairly certain that if someone was calling them in relation to a debt owed to the Internal Revenue Service, the individual calling was a scammer. However, a change made by the IRS in April 2017 means that debt collectors hired by the IRS may be calling people who owe money in an effort to collect unpaid taxes.