If you have unpaid taxes, you’re likely familiar with the stress and anxiety that comes with owing back taxes to the IRS. IRS Back Taxes Owed refers to the amount of taxes you still need to pay to the Internal Revenue Service (IRS) from previous years. This can include unpaid taxes, penalties, and interest. Failing to address IRS Back Taxes Owed can lead to serious consequences, including fines, penalties, and even legal action. However, with the right guidance, you can resolve your tax debt and move forward with your life.

The Consequences of Unpaid Taxes

Owing back taxes to the IRS can have severe consequences, including:

• Penalties and interest on the amount owed
• Tax liens and levies on your property and assets
• Wage garnishment and bank account seizure
• Damage to your credit score
• Legal action, including lawsuits and criminal prosecution

How OneTax Financial Services Can Help

At OneTax Financial Services, we understand the complexity and stress of dealing with IRS Back Taxes Owed. Our team of experienced tax professionals will work with you to:

• Assess your tax situation and determine the best course of action
• Negotiate with the IRS on your behalf to reduce penalties and interest
• Develop a customized payment plan to help you pay off your tax debt
• Represent you in front of the IRS to ensure your rights are protected