Why are you receiving this letter?
The IRS has not heard from you and you still have an unpaid balance due and owing to the IRS. The Notice explains how much you owe, for which tax year, and for which tax form.
What you should do about this notice?
Don’t ignore this notice. The IRS won’t forget about you, it will only increase the pressure to collect.
You should consider contacting a professional to discuss your options for resolving your tax debt.
Why should you hire a tax professional?
Without the proper knowledge of the laws and procedures, you may lose affordable IRS compromises, payment plans, and lesser tax penalties.
Hiring a professional tax resolution firm will give you peace of mind and allow you to sleep soundly, knowing that you are not taking unnecessary risks with your personal and financial freedom.
What can you expect to happen next?
If the tax bill is left unpaid, the next letter you may get is CP504: Notice of Intent to Seize (“Levy”) Your State Tax Refund or Other Property. The IRS will inform you that they may move forward with filing Federal Tax Liens and/or Tax Levies on your wages, bank accounts, state & federal tax refunds, etc.
What if you can’t pay the balance you owe?
If you can’t pay the balance, don’t worry- EVERY case has a solution. The IRS offers a number of solutions such as Installment Agreements and CNC Status to help resolve your tax issues. Some of these programs, such as Offer in Compromise and penalty abatement, have the potential to decrease the taxes owed.
Don’t face your tax problems alone, tax Resolutions cases, can be extremely complex, and a licensed tax professional, can help you find the most appropriate solution to your tax problem.
Call Alana Tax group, and we will immediately protect you from the IRS and take over all communication.