The Importance of Meeting IRS Collection Deadlines
The IRS has a system in place to collect past due taxes. If you owe back taxes, you’ll see firsthand how this system works to obtain the information and documents needed to efficiently collect the money that’s owed. A major component of the IRS collection system is the Deadline Date.
IRS Revenue Officers typically agree to deadline dates 30 days out. I can’t stress enough how important it is to meet your IRS deadlines. Here are a few tips:
- Take control of your IRS deadlines and don’t agree to a deadline date you cannot meet. If you need more time, ask for it, don’t be shy;
- If you are going to miss a deadline, call the IRS and ask for an extension. Be ready to give a good reason for the IRS to grant your extension;
- Follow up on your deadline date. After you’ve met your deadline, make a follow up phone call to make sure your Revenue Officer received the information/documents;
- Providing partial information is better than providing no information. If you have a list of information and documents to provide the IRS by a deadline date and you are missing a couple of items, send what you have and call to request more time for the missing items.