Why You Shouldn’t Ignore the IRS in Omaha

October 24, 2024
|In Uncategorized
|By Ben Butterfield

Receiving a notice from the IRS is a stressful experience. It’s tempting to push it aside and hope the problem will go away, but ignoring the IRS is never a good idea.
Whether it’s a letter about unpaid taxes, unfiled returns, or an upcoming audit, failing to respond can result in significant consequences that are far worse than the initial problem.

Here’s why ignoring the IRS in Omaha can lead to bigger troubles, and how working with a tax resolution professional can help you avoid them.

What Happens When You Ignore the IRS?

1. Penalties and Interest Add Up
If you owe taxes and don’t pay or respond to the IRS, interest and penalties will begin to accrue on your balance. These penalties can quickly balloon what started as a manageable amount into a major financial burden. The longer you wait to address the issue, the more you’ll owe.

2. Wage Garnishments and Bank Levies
The IRS has the power to collect unpaid taxes through wage garnishments or bank levies. This means they can take a portion of your paycheck or freeze your bank account until the tax debt is paid off. These actions can be devastating to your financial stability and personal life.

3. Property Liens and Seizures
If you continue to ignore IRS notices, the government may place a lien on your property, making it difficult to sell or refinance your home. In extreme cases, the IRS can seize assets, such as your car or real estate, to satisfy your tax debt.

4. Damage to Your Credit
IRS tax liens are public records, which can significantly damage your credit score. This makes it harder to secure loans, rent property, or even get approved for a credit card. The negative impact can follow you for years.

How a Tax Professional Can Help

Ignoring the IRS will only make your tax issues more complicated, but you don’t have to face these problems alone. A tax resolution professional can help you navigate the complexities of tax law, negotiate with the IRS, and guide you toward the best possible outcome for your situation.
Here’s how a tax professional can assist you:

  • Negotiate with the IRS to lower your tax debt or set up a manageable payment plan.
  • Stop wage garnishments and levies before they start.
  • Settle back taxes and reduce penalties through IRS relief programs like Offer in Compromise.
  • File delinquent tax returns and correct any discrepancies.
  • Protect your assets from potential liens or seizures.

Working with a tax professional can ease the stress of dealing with the IRS, providing you with the expert guidance you need to resolve your issues efficiently.

The Ben Butterfield Difference

While any tax professional can help resolve IRS issues, Ben Butterfield with BPB Tax Resolutions brings a local approach to his services, understanding the unique tax challenges Omaha residents face. Ben has years of experience helping individuals and businesses in the area overcome tax problems, from wage garnishments to unfiled returns.

When you choose Ben Butterfield, you’re choosing someone who is:

  • Experienced in handling complex tax resolution cases with proven results.
  • Dedicated to providing personalized service tailored to your specific situation.
  • Knowledgeable about local and federal tax laws, ensuring the best possible outcomes.
  • Accessible to Omaha clients, offering free consultations and a deep understanding of local concerns.

Take Action Today

If you’ve received a notice from the IRS, don’t wait. Ignoring it will only make things worse. Contact Ben Butterfield at (402) 779-7399 today for a free consultation. Let him help you resolve your tax issues before they escalate into bigger financial problems. Don’t let the IRS take control—take control of your future today!