This notice is meant to inform the taxpayer that there is a balance due and requests payment of the balance together with interest and penalties within 10 days. If you receive this notice and are unable to pay or believe there is an error, it is important that you speak with an experienced tax attorney regarding your rights.
It is important to hire a highly skilled tax lawyer. The IRS will levy on your property if you do not exercise your right to an appeal within 30 days of the notice. The right tax attorney may be able to help you resolve things with the IRS if you take the right steps to address the problem.
The IRS can attach a lien, after meeting the procedural requirements, on all of the taxpayer's property. The lien can be satisfied by either payment or an agreement by the IRS to accept less than the amount owed. One way this can happen is for the IRS to accept an offer in compromise. It is important to speak with a tax attorney regarding your rights in establishing an offer in compromise.
If someone at the IRS is not notified the computer process will not be stopped and your case may be sent to collections. It is important that you speak with a skilled tax attorney to make sure your case is properly being processed by the IRS.
Yes. It is important that you speak with a tax attorney to make sure that all of the proper paperwork is filled out properly in order to request to be placed on a 60-month payment plan. Any plan needs to be confirmed by the IRS.
