These powers allow them to seize personal and business assets to pay off outstanding tax liabilities. The IRS attempts to collect amounts owed with a seizure as the ultimate act of their collection efforts. The IRS wage garnishment is a very powerful tool used to collect taxes owed through your employer. Once a wage garnishment is filed with an employer, the employer is required to collect a large percentage of each paycheck. The wage garnishment stays in effect until the IRS is fully paid or until the IRS agrees to release the garnishment.
Many taxpayers fail to file required tax returns for many reasons.
This type of criminal act is punishable by one year in jail for each year not filed. Needless to say, it's one thing to owe the IRS money but another thing to potentially lose your freedom for failure to file a tax return. Tax Returns for you. This is the IRS's version of an unfiled tax return. Because SFR returns are filed in the best interest of the government, the only deductions you'll see are standard deductions and one personal exemption.