Did you know that the easiest form utilized by the Internal Revenue Service, form 1040EZ, has nearly thirty five pages of instructions? Filing taxes can be an involved process; however, every American citizen is required to provide documentation to the Internal Revenue Service each year. However, even if you provide this information every year, it does not mean that you are exempt from tax issues or problems with the Internal Revenue Service. Individuals who find themselves facing a tax issue should look into finding assistance sooner rather than later. This is because the Internal Revenue Service has the power to enforce strict penalties for individuals who owe back taxes. However, a Philadelphia tax attorney can assist these individuals. Do you think you could benefit from the assistance of a Philadelphia tax lawyer? If so, there are multiple ways to find a tax lawyer Philadelphia, as well as learn how a tax attorney Philadelphia can assist you.
One of the biggest issues that individuals require a tax attorney Philadelphia for is due to administrative levy. According to information supplied by the United States Supreme Court, the power of administrative levy for federal tax purposes dates all the way back to the year 1791. Under a levy enforced by the Internal Revenue Service, the IRS has the power to levy upon multiple assets that are in the possession of the taxpayer. This is known as a seizure. However, the Internal Revenue Service may also levy upon assets in the possession of a third party, such as a bank or a brokerage house. If you have been notified that a levy may begin, a tax attorney Philadelphia may be able to assist you in fighting this levy. Your tax attorney Philadelphia may be able to work with the Internal Revenue Service to come up with other ways to satisfy your tax debts rather than having the IRS seize your property.
Many individuals also seek out a tax attorney Philadelphia for the purposes of stopping wage garnishment. Under wage garnishment, the Internal Revenue Service can demand that a portion of the wages of an employee be sent directly to the IRS. This type of garnishment is often served on an employer. However, employers must realize that firing an employee to avoid a garnishment may be considered a federal offense. Federal law for this crime provides penalties such as a fine and or imprisonment.