subscribe to RSS feeds

Stand Up to the IRS Blog

« back to all blogs

IRS Final Notice of Intent to Levy and Your Right to a Hearing

IRS Notice 1058

What Are My Appeal Rights?

If you’ve received s Final Notice of Intent to Levy from the IRS, it’s time for decisive action.  This notice is your last warning before the Service seizes your assets.  This financially destructive process usually begins with a bank account levy, wage garnishment, and for businesses, levies sent to accounts receivable.  So, before it’s too late for you or your business to recover from the crippling effect of an empty payroll account, act to protect yourself and resolve your tax liabilities.  

CP504 Intent to Levy or a Final Notice with Appeal Rights?

In most cases, you will receive several IRS notices about your tax debt before the “Final Notice” arrives.  IRS notice CP504 Notice of Intent to Levy is one of them.  CP504 looks like it has bite, but it’s mostly bark.  It allows the IRS to take your state tax refund, if you have one coming.  But it doesn’t allow the Service to garnish your wages, reach into your bank account or re-direct your company’s A/R.

According to the Internal Revenue Code, the IRS must give you the opportunity to Appeal the intent levy.  Notice CP504 doesn’t provide you that right, and therefore can’t permit the IRS to levy a taxpayer on its own.  However, once you receive the CP504 notice, you can expect the Final Notice of Intent to Levy and Your Right to a Hearing to quickly follow.

IRS Notice LT11

The IRS Notices 1058 and LT11 offer time-sensitive appeal rights.  M&M’s tax resolution experts have appealed countless IRS Final Notices on our way to securing numerous resolutions for our clients, nationwide.  However, depending on your situation you may or may not need to appeal your Final Notice.  In certain cases, it can do you more harm than good.

Many tax resolution firms will appeal a Final Notice no matter what, simply because it means more billable hours.  Continued fees are passed on to their clients whether submitting the Appeal was the right thing to do or not.  Because filing a Collection Due Process (CDP) Appeal drags out the time it takes to resolve an IRS collection case, it means more work for the tax firm and higher fees for their clients.  M&M’s Tax Teams will only Appeal your Final Notice if it’s in your best interest.

M&M Financial specializes in resolving business and personal tax liabilities stemming from delinquent 941 payroll tax.  We have perfected a unique tax resolution system that allows us to work within the strict guidelines set by the IRS and State taxing authorities, ensuring the best possible results for our clients.  Contact us, or call us at 866-487-5624 to find out how M&M’s Tax Resolution System can help you.



Blog Articles

Blog Archives