Olympia, Washington Tax Law Firm of Lana Kurilova Rich Analyzes Clients Financial Situation
There is nothing good that comes from the Department of Revenue classifying your account as delinquent because the amount you owe the state remains unpaid. It is in your best interest to be proactive about your financial situation by contacting a Washington tax attorney. Attorney Kuriolva Rich in Olympia is waiting to hear from you. Allow her to put her knowledge to work for you to find solutions to your tax debt dilemma.
What Happens After I Do Not Pay My State Taxes?
Once an account becomes delinquent, penalties and interest begin to accrue on the unpaid tax until the entire balance is paid. The Department of Revenue will send you letters and notices regarding this delinquency, and if you don’t respond, your account will be assigned to a Revenue Agent for collection.
The Revenue Agent will try to contact you by phone, letter, or in person to resolve the issue. If you don’t respond to the Revenue Agent’s collection efforts or fail to make satisfactory payment arrangements during the collection process, the DOR may issue an assessment and then a tax warrant covering all unpaid tax, penalties, and interest.
If the warrant is not paid within 10 days, is will be filed in Superior Court. Once it is filed, the warrant establishes a tax lien against real and personal property and allows the DOR to seize your bank accounts, wages, and personal property to pay your tax debt. If the filed warrant remains unpaid after 30 days, a hearing to revoke your business’s tax registration endorsement may be held – you need a tax registration endorsement to legally operate a business in the state of Washington.
Speak With a Tax Attorney in Olympia, WA
Attorney Rich and associates are not only a law firm specializing in state and federal tax law, we are accountants and bookkeepers with combined decades of experience serving the Olympia area.
Call Lana Kurilova Rich, PLLC at (425) 289-0629 for help with your personal or business tax debt. You are invited to travel to our office and speak with us in person. If this is not possible, all work can be done entirely over the phone, through videoconferencing, or through e-mail. Let us know what works best for you and we will accommodate.
