The Taxpayer Bill of Rights


          The United States Bill of Rights was written to protect the freedom of every citizen. In a similar way, the Taxpayer Bill of Rights is in place to protect the rights of all Taxpayers. Did you know that these 10 fundamental rights existed? Many do not. For our post today, we will examine just one of them.

          The Right to Privacy comes in at #7 in the Taxpayer Bill of Rights. This means that every Taxpayer has the right to expect every IRS inquiry, audit, or other action will be lawful, and never be more invasive than necessary. This provides certain guarantees. The IRS cannot seize personal items like clothing or mail. During an audit, if it is determined that there is no unreported income, the IRS will not seek extra information about a Taxpayer’s lifestyle. If a Taxpayer makes an offer to settle the Tax Debt they owe, they do not need to submit financial documents.

          These rights have been put in place for our protection. Knowing them and how they are applied helps a great deal when navigating the financial landscape. This is a commitment of the IRS. Did you find this post useful and interesting? Would you like us to discuss the other 9 points? Please leave a comment below or on our Social Media channels.

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