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IRS collection letters threaten you with levies, & garnishments. The series of letters from the IRS include the IRS cp501, CP503 & the CP 504 notice. The CP504 is the final warning & intent to levy from the IRS. The letter after that is tthe LT11 or 1058 which now authorizes Collections against you. Yoy have rights, and a rigjt to stop the IRS by fiking a CDP hearing or a collections due process hearing where you have the office of appeals review your case for resolution. #mrtaxproblemsolver #ta
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Replying to @Hipz2wide 1st thing tondonwith a bank levy is to verify who is the agency that issued the levy. If there is a debt with other agencies such a state taxing agency, a court order or child support it could bery be possible the levybis not from the IRS. A bank Levy from the IRS will state a lefal order frim the US dept of treasury. With an IRS bank levy, the bank holds the funds for 21 days, which gives you an opportunity to get the money released back to your account. #collections #irs
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