Articles Posted in External Collections

When the IRS sends you a CP14 Notice in the mail, it is because you have a current IRS tax balance owed. This notice informs you of the amount owed, including tax, interest, and any applicable penalties, and demands payment. The CP14 notice is a progression notice in the IRS collection scheme. This notice gets…

​If paying both basic living expenses and IRS tax liability is causing you economic hardship, you may qualify for being granted tax relief from IRS by obtaining Currently Not Collectible Status. What is Currently Not Collectible Status? If the IRS places your tax account into Currently Not Collectible status, the IRS will no longer be…

When Do I Need To Seek IRS Tax Resolution? This is one of those questions you hope you never have to ask. However, since taxes are an unavoidable part of life and, at some point, most of us will have to deal with the IRS in some capacity, it may be prudent to understand when…

The IRS cannot engage in collections activities against you without an assessed tax in place first. Before an IRS tax assessment occurs, you, the taxpayer, have a right to be informed of any pending assessment. To facilitate your awareness of a pending IRS tax assessment, the IRS has a statutory system that issues you a…

One of the harshest activities the IRS can do is to enforce a levy against you. If you do not pay your taxes (or make arrangements to settle your debt), and the IRS determines that a levy is the next appropriate action, the IRS may levy any property or right to property you own or…

It is essential to understand that the IRS audit and collection processes are about the IRS getting as much money as possible. In contrast, the IRS Tax Appeal process is about finding a settlement. If you disagree with the outcome of an IRS audit or other collection process, you can appeal an IRS decision, typically…

This is a forum where the taxpayer may protest one of the following IRS notices: A taxpayer has 30 days from the date of notice to request a Collection Due Process Hearing. In addition, there still is an opportunity to attempt to work out a solution with the Collection Office that sent the notice. If…

Until recently, the IRS would be the only one attempting to collect an outstanding tax balance owed. IRS has solicited Private Debt Collection Agencies (PDCs) to handle some taxpayer accounts. What are the differences between direct IRS collection efforts and that of a private debt collection agency? For starters, private debt collection agencies will make…