Frequently Asked Questions

Many Americans have tax debt that can add up fast over the years! Additionally, the unpaid taxes also incur penalties and accrue interest.   The IRS or State may provide options that are limited.  One can either pay off the full lump sum amount or schedule monthly installment payments.  These two choices may not be the best fit for people facing financial hardship in life.  Additionally If the taxpayer has been unemployed, there are other options available to substantially reduce and settle your tax debt.

Call our team for a free consultation to learn more about alternative options offered by the government that may be available to you.

The Internal Revenue Service (IRS) is the revenue service of the United States federal government. The government agency is a bureau of the Department of the Treasury.  The IRS is responsible for collecting taxes and administering the Internal Revenue Code, the main body of the federal statutory tax law of the United States. 

If taxes are not paid in a timely manner and the IRS has not been notified why the taxes cannot be paid, the law requires that enforcement action be taken. Enforcement action to collect back taxes can include the issuing of a Notice of Levy on salary or other income, bank accounts or property (legally seize property to satisfy the tax debt) as well as issuing a Summons to the taxpayer or third parties. The IRS can also assess penalties on top of the interest that accrues on overdue amounts.  

The team of Tax Experts at Coast One Tax Group work to ensure that taxpayer rights are fully executed and respected.  When negotiating with this agency, our experience has shown that you may benefit from a skilled tax professional representing your best interests.  Call Coast One Tax Group for a free consultation today to learn mo