IRS Audit Myths Gilbert AZ

If I ignore the IRS notices, they will forget about me—actually the notices are the IRS legal requirements before they take serious action.  The IRS will eventually find you whether you are self-employed or an employee.  Even if you operate a cash business, the IRS will eventually locate you by checking your social security number against any assets you own.  The real danger is that the IRS will eventually locate you at the worst possible time.  Back in 1992 we had a landscaper that was located by the IRS.  They went through the property tax rolls and found out that he owned a $2,000,000 home in Scottsdale free and clear.  When we asked him why he didn’t file tax returns for almost 50 years he said, “When I saw the destruction of the atomic bomb on Hiroshima and Nagasaki, I figured that the world would come to an end before the IRS would find me.”  Well, the world did not come to an end and he lost almost everything he had and was facing criminal action due to his extreme negligence.

Don’t procrastinate your efforts to get back in the system before the system rolls over you like a steam roller.  Contact Scott Allen E.A. of Tax Debt Advisors near Gilbert AZ at 480-926-9300 for a free consultation to determine how to minimize the impact ahead of time.  A little preplanning will allow you to know what your settlement options before you commit to filing and paying your taxes.