Thursday, May 26, 2011
IRS Has New Location On Its Website That Addresses Collection Procedures For Taxpayers Who File And/Or Pay Late
IRS has a new location on its website that addresses collection procedures for taxpayers who file and/or pay late. The page provides detailed information that is grouped under the following subject headings: the collection process and taxpayer rights; what a taxpayer should do if he or she cannot file or pay by the due date; what a taxpayer should do if IRS requests financial information to determine how much the taxpayer can pay; payment options that are available if a taxpayer cannot pay in full; what IRS can do if a taxpayer will not pay or file; and ways a taxpayer can prevent future tax liabilities. The new IRS collection procedures page is located at http://www.irs.gov/businesses/small/article/0,,id=238176,00.html.