The IRS has resumed sending tax collection letters, marking the end of a temporary suspension during the COVID-19 pandemic. These letters, including the critical LT11 “Notice of Intent to Levy,” serve as formal warnings of aggressive collection actions. With approximately 4.7 million taxpayers eligible for penalty relief, understanding these notices is crucial. Learn how to navigate your tax obligations, respond effectively, and avoid severe consequences like liens and wage garnishments. Don’t let tax worries stress you out. Learn important tips to manage your finances and protect your rights as a taxpayer.
Handling Nasty Letter from the IRS | IRS Resumes Collection
Have you received a letter from the IRS? Don’t be surprised if you get a letter from the Internal Revenue Service (IRS). They have started sending automated collection notices to taxpayers again. This collection process was paused due to the COVID-19 pandemic. Beginning January 1, 2024, individuals, businesses, trusts, estates, and tax-exempt organizations started receiving […]