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What else can I help you with?
Why would the IRS put a freeze on your bank accounts?
If you are confident that you know that the IRS is the agency now in charge of your bank account, it may be that you owe the IRS money. Best practices dictate that you call the IRS and work out the details of your situation with them.
If someone gave another person 15 millions dollars as a gift does the receiver have to pay any tax on the money?
The IRS would determine this. What you call a gift and what the IRS might call the 15 million dollars amount might be different.
Do I owe the IRS money?
To determine if you owe the IRS money, you can check your tax records or contact the IRS directly for information on your tax status.
Can the IRS arrest you?
If you have received a phone call, claiming to be from the Internal Revenue Service, telling you that you owe taxes, threatening you with arrest if you do not pay immediately- it is a scam. First, the IRS does not call you- you get a registered letter. Second, you are not arrested for owing money- you CAN be hauled into court for evading taxes. If you owe the IRS money, and they want it, they can take it without your permission. They have the power to take your paycheck, your bank account, your car and your house.
What if the IRS overrefunds you?
The IRS will eventually discover their error and will come collecting. The IRS will send out a letter explaining the situation and asking that you pay back the amount of excess refund. If you have already spent the excess, you are still required to pay. Call the IRS immediately to fix the problem. The IRS will collect on the money owed as they would back taxes.
How do you find out if you owe IRS money?
Usually if you owe back taxes, IRS will send you a letter to notify you that you owe IRS money. However, if you are not sure, try to call IRS at 1-800-829-1040. Also you can go and visit an IRS local office (if they get one in your city.) For more information, check the related links below.If you can not read, or understand the different codes, consult with a licensed tax professional such as an Enrolled Agent.
How do i find out if some one owe money to the IRS?
Debts to the IRS are confidential; the IRS cannot disclose the debt unless they bring a civil suit to get the money.
What is the IRS limit on sending money to India?
The IRS does not have a specific limit on sending money to India. However, any amount over 10,000 must be reported to the IRS to comply with anti-money laundering regulations.
Where could one find advice if you owe the IRS money?
One can find advice if one owes money to the IRS by visiting the IRS website. On the site they have 10 tips for Taxpayers who owe money to the IRS. Included in these tips are ways to make payments and applying for additional time.
Did the IRS take money that was sent to you from a money transfer?
sometimes
Does the IRS send emails about refunds owed to you?
No. Hoax. Out to get your money, not refund it. Call the IRS at 1-800-829-1040, (or 1-800-829-4477 if you have an actual refund to check on), and advise them of the scam and check the status of your account.
What is difference between INS and IRS?
The INS watches people and the IRS watches their money.
