How to Respond to an IRS CP504 Final Notice of Intent to Levy скачать в хорошем качестве

How to Respond to an IRS CP504 Final Notice of Intent to Levy

Contact Us: 💻 Visit our website for more info: https://www.besttaxpro.com/ 📨 Email us at [email protected] 📞 Call us for solutions: 763-477-4205 Have you recently received a CP504 letter from the IRS? The CP504 is a Final Notice of Intent to Levy and is one of the most serious letters the IRS can send. This letter states that if you don't act soon, the IRS will seize your bank account, real estate, or other property to satisfy unpaid taxes. You might be wondering what your options are if you’re holding this intimidating notice in your hands. Don’t panic just yet, but it’s important to act quickly! In this video, Josh Wowski, an Enrolled Agent (EA) and U.S. Tax Court Practitioner (USCP), breaks down what the CP504 letter means and what steps you should take. Spoiler alert: the consequences of ignoring this letter aren't pretty, but with the right actions, you can still find a resolution to your tax issues. When you receive a CP504, you have the chance to file a petition with the U.S. Tax Court. Missing this opportunity is a critical mistake because, once the deadline passes, the tax amount stated in the letter is considered substantially correct. This means you can no longer challenge the tax liability itself. At this point, your options narrow down to requesting a Collection Due Process (CDP) hearing or filing an Offer in Compromise, but remember, these programs come with some challenges and require careful attention to detail. Josh emphasizes the importance of filing that Tax Court petition on time. The IRS might seem intimidating, but the reality is that there are talented people within the organization who are there to listen to your side of the story and potentially help you find a solution. However, you need to act within the legal time frame to keep your options open. The moral of the story? Don’t let the deadlines pass. You have a limited window to protect yourself, and filing a U.S. Tax Court petition may be the best way to do that. The IRS can be flexible and might even work with you through a Collection Due Process hearing or an Offer in Compromise, but it's crucial to act quickly and efficiently to keep the ball in your court. Do you have tax problems or need help responding to an IRS CP504 letter? Don’t worry—there’s still hope. Schedule a consultation with us to discuss your tax situation and find a solution that works best for you. Click the link below or call us directly at 763-477-4205. If this video has been helpful, don’t forget to like, subscribe, and share it with anyone you know who might be dealing with IRS issues. We’re here to help you navigate the confusing world of taxes and IRS notices so that you can find the relief you need. Remember, time is of the essence, and it’s essential not to miss any deadlines. Get in touch today and let us help you resolve your tax issues before it’s too late! Follow Us on   / besttaxproinc     / best-tax-pro   ----------------------------------------------------------------------------- Contact Us: 💻 Visit our website for more info: https://www.besttaxpro.com/ 📨 Email us at [email protected] 📞 Call us for solutions: 763-477-4205 Watch our videos Understand CP504 Letter -    • Understanding CP504 Letter - After Chapter...   Unlocking Your Tax Return: -    • Unlocking Your Tax Return: A Step-by-Step ...   How to Get Out of IRS Problems -    • How to Get Out of IRS Problems: A Step-by-...   Facing Legal Consequences for Unpaid Taxes -    • Facing Legal Consequences for Unpaid Taxes...   Understanding IRS Notices and Taking Action -    / ljlozln7o   #IRS #CP504 #TaxRelief #TaxHelp #TaxCourt #OfferInCompromise #TaxAdvice #IRSProblems #CollectionDueProcess #TaxResolution