iFocus.Life News News - Breaking News & Top Stories - Latest World, US & Local News,Get the latest news, exclusives, sport, celebrities, showbiz, politics, business and lifestyle from The iFocus.Life,

Step-by-Step Guide to the CP297A IRS Notice - Notice of Levy and Notice of Your Right to a Hearing

103 44
If you were delivered IRS Notice CP297A "Notice of Levy & Notice of Your Right to a Hearing", watch out.
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
Making Sense of CP 297A "Notice of Levy and of Your Right to a Hearing" Beyond a word of caution, CP 297A "Notice of Levy and Notice of Your Right to a Hearing" informs you that the IRS has placed a levy on any payments due to you.
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.
Subscribe to our newsletter
Sign up here to get the latest news, updates and special offers delivered directly to your inbox.
You can unsubscribe at any time
You might also like on "Business & Finance"

Leave A Reply

Your email address will not be published.