Enterprise Consultants Group remains open during the COVID-19 pandemic to assist taxpayers all across the country. Our Tax Attorneys and professionals will work with you over the phone and online to resolve your IRS and State tax issues.

Articles Posted in State Tax Debt

Audits are not a welcomed entity in anyone’s eyes. So, if you’ve just received a notice informing you of an impending IRS audit and state audit, do not panic. In some cases, people or businesses are selected for an audit at random. In others, an IRS audit is triggered by issues with your tax return, either because something appears irregular or incorrect or people associated with you, such as your business partners, are being audited as well. This dreaded process if often filled with stress and fraught with mixed emotions, because it may result in you having to pay fines or back taxes if the IRS or state agents find discrepancies on your filed tax forms. The good news is that riding out an audit doesn’t have to be scary or intimidating, as long as you have professional tax accounting guidance and representation.

How Will You Be Informed of a Pending Audit?

Depending on the type of audit and the inconsistencies found in your taxes, you’ll either receive a certified letter or an official IRS agent will come knocking on your door. In most cases, a letter comes first. It will describe the type of audit that you’re facing (more on that below), as well as how the IRS will further contact you in order to obtain your records.

Owing back taxes to the IRS or any State  Department  or Department of Revenue can result in a plethora of unwanted penalties. Those who avoid paying and owe large amounts may even have their personal property, including their homes, boats, cars, SUVs, and even their bank accounts seized in order to pay those debts. State Department of Revenue may go one step further.  In certain states, such as New York, or Louisiana, the Department of Revenue commonly seizes the driver’s licenses of taxpayers who owe past taxes, preventing them from renewing their licenses. Or suspending their licenses outright, so driving is no longer an option. In addition, if an extremely delinquent tax debt is sent to the State Department of the Federal Government, your passport may also be seized or deemed non-renewable as well. With this, you will be unable to legally travel outside the country. Thankfully, there are some options available to you before things get to this point.

Falling Behind on Your Taxes

There are many reasons why people fall behind on their taxes. For example, someone who freelances for a living or is considered an independent contractor by their employer may not be putting away a portion of their income to pay taxes or may fail to make quarterly tax payments. There are also people and businesses who simply do not have the money they owe to the IRS, and rather than agree to a proactive payment plan, they simply avoid their letters until an IRS agent appears at their door.

Contact Information