Do You Feel Like You’re Running in Circles and Getting Nowhere With The IRS?

Consequences of Unpaid Back Taxes:

Unpaid taxes are a serious issue, especially if you don’t have the means to pay them. Penalties and interest fees can quickly catapult your tax balance to an unmanageable amount. Continuing to ignore payment requests (notices and letters) can also lead to aggressive collection actions, including:

Wage Garnishment:

Unlike other creditors, the IRS can take a large portion of your paycheck to help pay off your unpaid taxes.

Tax Liens:

If you owe $10,000 or more, the IRS will likely place a tax lien on your home, making it difficult to sell or access any equity.

Tax Levies:

The IRS can take money from your bank accounts, tax refunds (also known as offset), and even your Social Security benefits to pay down your back taxes. They can also seize assets to help cover your debt.

In certain cases, the IRS may also revoke or refuse to renew your passport if you are seriously delinquent and owe a large amount. Fortunately, there are ways to resolve your back taxes that won’t leave you feeling strangled by the IRS.

Back Taxes Solutions:

If you’re at the end of your rope and can’t find a way forward on your own, the tax professionals at Tennex Tax Relief can help. Depending on your specific situation, you may be eligible for one or more of these tax relief options:

Payment Plan: Avoid collection actions by setting up a payment plan that allows you to pay off your back taxes over several months or years.

Offer in Compromise:

If you are facing severe financial issues and can’t pay in full, you may qualify for an Offer in Compromise (OIC).

Uncollectible Status**:

In extreme cases of financial hardship, the IRS may place your account in a Currently Not Collectible (CNC) status, protecting you from collection actions.

Tennex Tax Relief:

Loyal, Relentless, and Ready to Defend You!

We’ll always treat you with compassion and kindness, but don’t let our soft exterior fool you. We will fiercely defend your taxpayer rights and protect your assets. Contact us today for a free consultation at 833-836-6398 or click here to see what you qualify for.