The Mandatory Requirements Before Tax Resolution


Each year, taxpayers like you seek help with their taxes.  And since the spring of 2020, things have not been any easier.  Many self-employed taxpayers have had to shutter their businesses, making their tax obligations near impossible.  Many taxpayers lost their jobs and could not pay their tax when filing.  Many taxpayers lost their jobs and could not keep up with their tax payment plans.


As the number of taxpayers with delinquent federal personal, business, or payroll taxes grows, more and more taxpayers are now hoping to reach agreements with the IRS for paying off or resolving past tax debt.  One of the most important requirements that the IRS imposes on the taxpayer before even considering a resolution is that the taxpayer must have filed all required tax returns and paid any estimated taxes for the current tax year.  In addition, the taxpayer must also remain current in filing and paying future taxes.  Failure to meet these requirements results in the IRS not considering any request to resolve past taxes, short of immediate full payment.  In the case of an Installment Agreement, the taxes due, if any, on the most recent tax return must be paid before the installment Agreement is requested, or included in the total tax balance due.  Failure to deal with the past due taxes results in the IRS pursuing all means of collection, including imposing additional penalties or interest to the tax balance, property Liens, and wage and bank account levies.  Asset seizures to collect these taxes are not off the table either.


Whether it’s full representation before the Service or getting those delinquent returns prepared and filed, IRS Medic is up to the task.  Give us a call.  


— The IRS Medic Team