Tax Defense Network Discusses the Most Common IRS Collection Letters
Tax Defense Network explains the differences between the most common notices the IRS sends informing a taxpayer about their tax debt and the collection actions they might take. These include:
CP504 Notice is when the IRS intends to issue a levy against the state tax refund of the taxpayer because they have a balance due on one of their tax accounts.
Tax Defense Network explains that taxpayers need to pay the amount due to avoid the levy, which is the legal right of the IRS to seize and/or sell the property/assets of taxpayers who owe taxes to the government. Those ...