The IRS follows a set protocol for contacting taxpayers, pursuing taxpayers, and taking strong enforcement action against taxpayers - such as wage garnishments, bank levies, tax liens, and more! That's why it is a serious mistake to ignore IRS collection notices and letters.
If you have received a tax collection letter or notice from the IRS, the Tax Relief Center can connect you to an experienced tax relief specialist or attorney serving your area - a professional who understands your circumstances and can go to work for you to come up with the most favorable tax relief solution for you.
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It's important to understand that tax problems never go away - they only get worse and more stressful over time, unless you take action to exercise your legal rights to get the tax relief you are entitled to. Here's a partial list of some common IRS collection letters:
CP 88 - Delinquent Return Refund Hold
This notifies taxpayers that the IRS is holding their refund until a tax return has been filed or an acceptable explanation is given for why it was not filed.
CP 90 - Final Notice of Intent to Levy and Notice of Your Right to a Hearing
This is a notice indicating that the taxpayer still has a balance due on their account and that the IRS intends to place a levy on specific assets unless the taxpayer takes action within a 30 day period.
CP 91 - Final Notice Before Levy on Social Security Benefits
Informs taxpayers that they still have a balance remaining that is due on their account and that the IRS intends to levy Social Security benefits unless appropriate action is taken within 30 days.
CP 501 - Reminder - Balance Due
Notifies taxpayers that they still have a balance due and that the IRS can file a Federal Tax Lien if taxpayers don't remit to the IRS the entire amount within 10 days.
CP 503 - IMF 2nd Notice - Balance Due
This notice informs taxpayers that immediate action is required. This letter states that the IRS has written to the taxpayer, that taxes are owed, but the taxpayer has not contacted the IRS to respond. The letter goes on to state that the taxpayer may be eligible to pay via an installment agreement or a payroll deduction agreement, but if the IRS doesn't receive a response, steps will be taken to collect monies owed.
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CP 2000 - Notice Proposing Changes to the Taxpayers Return
This letter is sent to taxpayers when the IRS receives information from employers or other entities that doesn't match what was reported by the taxpayer on their return. Based on the new information that the IRS has, they then propose changes to the return and communicate to taxpayers what they may do if they agree or disagree with the proposed changes.
CP 504 - Final Notice - Balance Due
This notification informs the taxpayer that payment has not been made and this is the final notice before a levy will be placed on certain assets.
CP 521 - - Balance Due
The notice informs taxpayers that a payment is due and that penalties and interest have been assessed and will continue to accrue until the balance is paid in full.
CP 523 - Notice of Intent to Levy - You defaulted on Your Installment Agreement
Informs taxpayers that they have defaulted on their installment agreement. The notice also provides the reason for the default, describes the actions the IRS plans to take, and communicates what taxpayers can do to prevent the IRS from taking those enforcement actions.
Don't Ignore IRS Collection Letters and Notices. Know Your Legal Rights and Options
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