If a tax debt remains unpaid, the IRS will take enforced collection action if the debt is not eventually resolved. Such action can involve placing a tax levy on individual and/or business assets, including income, wages, bank accounts, accounts receivable, and other property, and filing a notice of tax lien, which is done with the county recorder's office and becomes public record, attaches to all personal and real property, and is reflected on your credit report and negatively affects your credit score. The IRS will notify you that this process has begun by issuing an "Urgent - We Intend to Levy" Notice or a "Final Notice of Intent to Levy."

There are a variety of services that can help you avoid tax levies and more serious collection action, whether the taxes are a result of an unfavorable tax audit, proposed tax assessment, or simply an unpaid tax return. These services include offer in compromise, installment agreements, penalty abatement, currently not collectible, and other programs. Unpaid tax debt may lead to severe consequences if the situation is not dealt with properly. You can take steps to resolve your unpaid tax debt before the IRS initiates action. If the IRS has already taken action to collect against you, it is not too late to reach an agreement with the IRS that will prevent further action from being taken. Leave it up to us!