2006-11-29 06:48:54 · 11 answers · asked by mertjim 1 in Business & Finance ➔ Taxes ➔ United States
they can sieze your bank account, freeze your assets, put liens against you, garnish your wages....what can they NOT do? put you in jail...the only way you would go to jail would be if you tried to evade.....contact the internal revenue service about an installment agreement..the form # is9465 and the link to explain how to request this is user friendly....there is a one time fee of $43 (i believe its $43)...and your minimum monthly payment can be $25.00 and MUST be made on or before the same day of the month each month...you cannot be late so dont overextend yourself and commit to a higher payment....also the telephone number to contact the IRS is 1-800-829-1040 ...here is the link
http://www.irs.gov/businesses/small/article/0,,id=108347,00.html#2
2006-11-29 07:03:16 · answer #1 · answered by cookiesmom 7 · 0⤊ 1⤋
touch the IRS. the greater severe factor you're able to do is in basic terms permit your tax return sit down there and not report it. in case you pays slightly now once you report your tax return, report out type 9465 Installment contract Request. The longer you carry onto your return, greater expenses and penalty expenses would be extra on superb of the $650. Like some have suggested, the IRS needs your money, yet they are no longer likely to lay our a fortune to throw you in detention center.
2016-12-13 16:53:18 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Waggy's wrong. They don't take first born. Otherwise the advice is correct. File if you have, and check off Form 9465, installment payment request. They will want a collection information statement, Form 433A with copies of paystubs and bank account statements. But do not ignore them. You could turn a civil matter over how much to pay and how long into a potential criminal matter.
2006-11-29 11:29:06 · answer #3 · answered by mattapan26 7 · 0⤊ 0⤋
If you own any property they can put a lien on it, if you have any type of job they can garnish your wages, if you ever get a refund back they will keep it, they will add interest until they are paid off. The IRS never loses
2006-11-29 06:57:19 · answer #4 · answered by Anonymous · 1⤊ 0⤋
1. They can garnish your wages.
2. They will put a lien against you in the city or county you reside in .
3.If you have no assets or very low wages they mark your file as uncollectable until such time as you get some assets like winning the lottery or getting an inheritance.
2006-11-29 06:56:18 · answer #5 · answered by Anonymous · 1⤊ 0⤋
They only get really p.....d off if you don't file.
You MUST file whether you have the money to pay or not.
There is a hefty penalty for not filing.
The site listed below gives a lot of useful information. I hope you find it useful.
2006-11-29 06:57:40 · answer #6 · answered by Gnome 6 · 0⤊ 0⤋
They can garnish your wages -- and keep money from your paycheck before it even arrives in your hot little hands. If you have avoided paying taxes they can even press charges and you can have a federal offence on your record.
2006-11-29 06:52:46 · answer #7 · answered by Shibi 6 · 2⤊ 0⤋
You are much better off working out a payment schedule with them.
If you don't do that and don't pay they garnish wages, put lein on your property.
They take your first born.
2006-11-29 07:34:07 · answer #8 · answered by waggy_33 6 · 1⤊ 0⤋
First, try to agree to a payment plan. This is your best option. They will accept pretty small payments, you'd be surprised. Once you set it up, they'll be off your back. If you can't do that, they'll garnish your wages.
2006-11-29 07:06:03 · answer #9 · answered by LC 2 · 2⤊ 0⤋
take your stuff and sell it off till they get there money
2006-12-01 15:02:32 · answer #10 · answered by phillip b 2 · 0⤊ 0⤋