IRS Tax History – American Federal Tax Solutions

If you’re not sure what your tax situation is at the moment, we can provide an IRS Tax History. It will show you what the IRS says you owe, what returns have been filed, any that have been filed for you (possibly with NO deductions), whether anyone has filed a fraudulent return using your name, and if Collection action is imminent.

Are you concerned about Identity Theft, Fraudulent Tax Returns using your name, or other tax issues….we can help!

American Federal Tax Solutions has been helping people with tax issues for almost 20 years. During that time, we realized we could do more to help our clients if they’d known right away about any tax and/or identity theft issues.

How do you start?

Once you’re our client, we will send you an IRS Form 8821 to fill out. It’s a one page form that allows us to inquire on your behalf before the IRS.

Again if you have any questions, please contact us by email or phone at info@americanfederaltaxsolutions.com or 1-855-854-2200.

If you are concerned about the possibility of an IRS Tax Lien, which may result in a wage levy or lien…or even a bank levy, we can help!

What is a Federal Tax Lien?

(This article is courtesy of the Internal Revenue Service)

A federal tax lien is the government’s legal claim against your property when you neglect or fail to pay a tax debt. The lien protects the government’s interest in all your property, including real estate, personal property and financial assets.

A federal tax lien exists after:

The IRS:

Puts your balance due on the books (assesses your liability);
Sends you a bill that explains how much you owe (Notice and Demand for Payment); and

You:

Neglect or refuse to fully pay the debt in time.

The IRS files a public document, the Notice of Federal Tax Lien, to alert creditors that the government has a legal right to your property. https://www.irs.gov/businesses/small-businesses-self-employed/understanding-a-federal-tax-lien

IRS Tax Lien

WHO NEEDS AN IRS TAX HISTORY?

Identity Theft is a major concern and one of the main reasons for an IRS Tax History. Tax-related identity theft happens when someone steals your personal information to commit tax fraud. Your taxes can be affected if your Social Security number is used to file a fraudulent return or to claim a refund or credit. (Courtesy of irs.gov)

Wage Garnishment concerns can be another reason people decide they need an IRS Tax History. The IRS can take as much as 50% to 70% of your take home pay, which is deducted from your paycheck, before you ever receive it. Once a wage garnishment is applied, it can be very difficult to remove. The State Revenue Board can also garnish your wages, so it is imperative to get help to resolve this issue as soon as possible.

Wage Levy means that the IRS takes money directly out of your paycheck. When an amount is taken on a regular basis, it’s called a wage garnishment. Your employer or vendors, when it’s a business, have no choice but to pay this amount. When the IRS or State Revenue Board seizes a large amount on a non-regular basis, that is a wage levy.

Bank Levy issues can be particularly upsetting, since the IRS can take a large amount of money out of your bank account and the bank MUST allow it. They have no choice and that money may or may not be returned, depending on the situation.

Have you been the victim of identity theft?

Tax-related identity theft happens when someone steals your personal information to commit tax fraud. Your taxes can be affected if your Social Security number is used to file a fraudulent return or to claim a refund or credit. (Courtesy of irs.gov)

What is identity theft?

Identity (ID) theft is “a fraud that is committed or attempted, using a person’s identifying information without authority.” ID theft may involve stealing someone’s Social Security number (SSN), name, bank account, or credit card numbers, and using that information without permission.

Online ID theft is called phishing. A phishing scam involves fraudsters sending email messages to trick unsuspecting victims into revealing personal and financial information such as credit card numbers, account usernames and passwords, SSNs, etc.. Some ID theft starts with something as simple as someone stealing a wallet or taking or reading your mail.

Tax-related ID theft can affect you in two main ways:

Someone uses your (stolen) identification information to file a fraudulent tax return and get a refund.
Someone uses your (stolen) information to obtain employment, which can make it seem like you had more income than you actually earned.

How will you know if you are a victim of tax-related ID theft?

You may find out you’re a victim of tax-related ID theft when you try to file your tax return or start getting IRS notices about your tax account.

The most common indicators are:

You try to file your tax return electronically, but the IRS rejects your return because it has already received another return using your SSN;
You receive an IRS notice showing you received wages from somewhere you never worked;
You receive an IRS letter indicating one or more tax returns have been filed using your SSN; or
You receive a balance due notice, refund offset notice, or have collection actions taken against you for a tax year when you didn’t file a return or receive a refund.

Find out more about at the Taxpayer Advocate Service https://taxpayeradvocate.irs.gov/get-help/identity-theft

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