Revenue Officers Archives - Page 2 of 8 - Howard Levy is a Cincinnati tax attorney with the experience to find solutions to your IRS problems.

Fear the IRS closing down your business? It’s not as likely as you think

By Howard S. Levy, Esq., IRS Collection Problems, IRS levies and property seizures, IRS Seizures, Property Exempt from Collection, Revenue Officers, Unfiled returns

You worked your whole life to get to this point, a business that belongs to you, making your own decisions, working your trade and sharing expertise. But then things suddenly got a little out of control, and you got behind paying the IRS. Maybe it started with one bad year, and you thought you could get a handle on it and get caught up soon. But tomorrow never came, and the damage continued to snowball year after year. Now the IRS is owed more than you can ever pay. And you fear losing your business and all that you worked for, and having nothing for retirement. Fear not, it ... Read More

What causes the IRS to sue you to collect unpaid taxes?

By Howard S. Levy, Esq., IRS Seizures, Revenue Officers, Statute of limitations on collections

You may not realize it, but most every effort the IRS will make to collect a tax debt from you will be done without suing you. For example, no court filings or lawsuits are necessary for the IRS to levy your wages or bank account wages. And the IRS can place a lien on your house or business on their own, no judge, jury, lawsuit or outside court review necessary. How about the authority of high-level IRS collection agents, like Revenue Officers? Do they need to sue you to take your car, retirement account, or business equipment? IRS Revenue Officers have far-reaching powers of ... Read More

Knowing when are you at risk for the IRS to seize your house

By Howard S. Levy, Esq., IRS collection notices, IRS levies and property seizures, IRS Seizures, Revenue Officers

Owing the IRS is nerve-wracking enough without having to worry about losing your house to the tax man. But are your concerns about losing the roof over your head based on reality? Are you really at risk for the IRS to take your house away to pay your tax debt? The good news is that the IRS seizes and sells very few houses - in a given year, it is less than 500 over the entire country. That's out of millions of tax debts owed. In other words, the IRS does not make putting taxpayers out on the street a top priority. For starters, the risk is low. But it does, and can ... Read More

5 signs that the IRS is about to levy your wages or bank account

By Howard S. Levy, Esq., Automated Collection Service, IRS levies and property seizures, IRS Seizures, Revenue Officers, Substitute returns, Unfiled returns

It's what keeps you going from month to month - your wages, and the money in your bank account. You need it to pay your bills, provide for your family, keep a roof over your head, food on the table, make your car payment. But at the same time, you owe back taxes to the IRS, and are looking over your shoulder, concerned that the IRS may strike and clean you out. If any of these 10 signs are true, then your fears are real, and you are indeed at risk for an IRS levy on your wages or bank account: 1. Has the IRS sent you a Final Notice of Intent to Levy and Notice of Rights to an Appeals ... Read More

How to stop an IRS trust fund recovery penalty interview

By Howard S. Levy, Esq., Employment taxes, Revenue Officers, Statute of limitations on assessment, Trust fund recovery penalty, Uncollectible

Your business owes the IRS employment taxes, and an IRS Revenue Officer has just called you and requested that you come down to his office for a meeting to discuss the debt. Chances are, the meeting will include the IRS agent requesting to interview you using IRS Form 4180, Report of Interview with Individual Relative to Trust Fund Recovery Penalty. You do not know it, but the real focus of the meeting is you, not the business. That's right, the IRS can collect an unpaid employment tax liability from not just your business, but you, too. The IRS calls this a trust fund recovery penalty ... Read More