3 ms·
> The point is, I shouldn't have to do that; Don't worry about it. You can't. https://tax.findlaw.com/tax-problems-audits/ten-things-to-remember-when-you-owe-
by candiodari 8y ago
> The point is, I shouldn't have to do that;
Don't worry about it. You can't.
https://tax.findlaw.com/tax-problems-audits/ten-things-to-remember-when-you-owe-the-irs.html https://tax.findlaw.com/tax-problems-audits/ten-things-to-re...
Things that can be done to you without any (beforehand) judicial oversight , by the IRS. Or, for that matter, can legally happen without so much as warning to you.
File a tax lien against you;
Levy your bank account;
Garnish your wages;
Close down your business;
Seize and sell your home;
Damage employment and business relationships;
Assess you personally for corporate employment taxes;
Put you in a monthly installment payment arrangement that is too high;
Contact your banker, neighbors, friends and business relationships concerning your tax liabilities;
Go after third party transferees of your assets.
Note that, at all times, you should consider that you might need to hire, and retain for ~a year, an accountant and a lawyer, plus add the same amount in reserve for court fees and the like.
We are effectively proposing adding "taking every last dollar out of your, your family and kids and anyone you did business with wallet directly".
The government is not very reasonable when it feels it is owed money.