Step-by-Step Guide to the CP297A IRS Notice - Notice of Levy and Notice of Your Right to a Hearing
IRS Notice CP-297A "Notice of Levy & Notice of Your Right to a Hearing" is more than a document.
It is signifying that a Tax Levy is inescapable, and your cash and assets are in danger.
There exists an unpaid balance on your account, and they have already called for payment without a resolution.
The Contents of the CP297A IRS "Notice of Levy and Notice of Your Right to a Hearing":
- What You Should Know About the IRS Collection Process: Publication 594
- Collection Appeal Rights: Publication 1660
- Request for a Collection Due Process Hearing: Form 12153
- Instructions for sending a payment to the IRS
The IRS might levy your normal wages, contractor/vendor payments if you run your own business, employee travel expenses, work/federal reimbursements, and Federal retirement funds.
With the CP-297A "Notice of Levy & Notice of Your Right to a Hearing" in your possession, you might not have sufficient resources to pay for your fundamental financial obligations in the coming months.
If you are given the CP-297A "Notice of Levy and Notice of Your Right to a Hearing," you can't have a pre-levy hearing, as one was already requested for you.
Actions to Take with the CP 297A from the Internal Revenue Service The Internal Revenue Service simply wants you to do 1 thing, and that's speak with them quickly and inform them how you'll settle the Tax Debt quoted in CP297A in its entirety.