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If you have a balance due on a tax account, which means you owe the Internal Revenue Service (IRS) money, the department will mail you a CP501 notice. When you receive this notice, you need to act quickly, as the wrong moves can lead to additional interest and...
In some cases, the IRS will allow people to use an installment agreement, rather than paying the taxes that they owe. This type of payment plan essentially sets up a schedule so that the person pays off the debt over time. Someone may not have enough money to pay...
A notice of intent to levy is a formal notification from the Internal Revenue Service (IRS) informing you of their intent to seize your property or assets to satisfy a tax debt. Some of your assets that could be seized include your wages, bank accounts, vehicles and...