IRS Penalty Abatement for Fort Lauderdale Taxpayers
The IRS is hungry and sneaky like a Florida Gator! If you owe back taxes to the IRS, they are not only satisfied with your balance being paid off. They want more, so they hit you with accruing tax penalties based on the amount of your IRS back tax debt. Unfortunately, this can turn into a snowball effect that can seem insurmountable.
Tax penalties are manifested to encourage Florida taxpayers to follow the law and file/pay their taxes on time. Unfortunately, tax penalties are cumulative, so it's very important you address them immediately with proper IRS penalty abatement.
The IRS has many methods to collect tax penalties, including:
If the IRS places a tax lien against you, you will be legally prevented from selling or disposing any qualifying assets until your tax debt is paid off. Unfortunately, this means you will be unable to sell larger items for extra money that could be used to pay off the debt. Tax liens have been known to cause a disruption in job acquisition, buying a home/car, or ability to own assets.
IRS Wage Garnishment
The IRS can contact your employer and have them forfeit a percentage of your paycheck to be applied to your back tax balance. Once your wages have been garnished you have no way of getting the money back.
Resolve Your Tax Penalty Problems
At Pure Tax Resolution of Fort Lauderdale we have helped many taxpayers across the state of Florida satisfy the IRS’ hunger and reach a settlement through IRS penalty abatement tactics. IRS penalty abatement is a viable solution to your accruing tax penalties, it allows taxpayers certain relief from the following penalties:
- Accuracy-related penalties
- Tax fraud penalties
- Under-payment of tax penalties
- Late filing or failure to file taxes penalties
- Combined penalties
IRS tax penalties cannot be ignored and must be acted upon quickly before they accumulate out of control. Pure Tax Resolution will get started on your case right away to end the epidemic of tax penalties you may be struggling with. Contact us today for a FREE consultation (954) 357-3555.