There are many consequences that can come from not paying a debt owed to the IRS. These consequences can range from having a levy placed on property to having bank accounts frozen. If you are worried about this happening to you then you need to determine how to find out if you owe the IRS money.
There are a number of resources that you can use that can help you answer the question of how to find out if you owe the IRS money. These resources can range from going through old mail to seeking the help of a tax attorney.
The first resource that is available for people with IRS back taxes owed is a letter from the IRS. The IRS, by law, is required to present a taxpayer who may owe irs back taxes a letter stating that a potential levy will be placed on property, earnings, and bank accounts. If this letter is not presented to the taxpayer, the IRS is not legally allowed to place the levy upon property of bank accounts.
How do you find out if you owe the IRS money in this case? In this case, go through old mail. There may be a letter from the IRS stating intent to collect on money owed to the IRS. This type of letter can be a good indication that there may be a levy coming. If there is a letter of this nature in your pile of mail, try to work with the IRS to get on a payment plan. It can stop the levy.
The second resource available for people who owe IRS money is the actual IRS department. There is a toll free hotline that can be called to contact that IRS. Use this number to try and reach the IRS and see if you owe the IRS money.
How do you find out if you owe the IRS money in this case? When you contact the IRS be prepared for all types of questions. They will ask you a number of questions to identify if you are the taxpayer and may even require you to fill out a number of papers and documents. Finding out if you owe money to the IRS will not happen overnight, but it will help you figure out if you owe something.
How do you find out if you owe the IRS money? You can do so by using any of these resources, contacting a tax attorney, or just simply filing out the 1040EZ tax form. All of these ways will help you figure out how to find out if you owe the IRS money.by