IRS Collections Archives - Optima Tax Relief https://optimataxrelief.com/blog/irs-collections/ Tax Relief & Resolution - Trust the Experts at Optima Tax Relief Mon, 23 Sep 2024 20:57:37 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 https://optimataxrelief.com/wp-content/uploads/2023/10/cropped-favicon_512-1-1-32x32.png IRS Collections Archives - Optima Tax Relief https://optimataxrelief.com/blog/irs-collections/ 32 32 What To Do If You Receive IRS Notice CP71C  https://optimataxrelief.com/blog/what-to-do-if-you-receive-irs-notice-cp71c/ Wed, 18 Sep 2024 08:00:00 +0000 https://optimataxrelief.com/?p=21188 Receiving a notice from the IRS can be unsettling, and if you’ve received IRS Notice CP71C, it’s important to understand what it means and how to respond appropriately. This notice is a reminder from the IRS regarding an outstanding tax debt and offers information about what actions you can take to address the issue. Here’s […]

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]]> What You Need to Know About IRS Bank Levies  https://optimataxrelief.com/blog/what-you-need-to-know-about-irs-bank-levies/ Thu, 12 Sep 2024 08:00:00 +0000 https://optimataxrelief.com/?p=21175 When dealing with unpaid taxes, one of the most significant and immediate consequences can be an IRS bank levy. This action allows the IRS to legally seize funds directly from your bank account to satisfy outstanding tax debts. Understanding how an IRS bank levy works, how it can be avoided, and the steps to take […]

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]]> Can the IRS Seize Your State Tax Refund?  https://optimataxrelief.com/blog/can-the-irs-seize-your-state-tax-refund/ Wed, 04 Sep 2024 08:00:00 +0000 https://optimataxrelief.com/?p=21145 The IRS, as the federal tax collection agency, has broad powers to collect unpaid taxes. While it can garnish wages, seize assets, and levy bank accounts to satisfy federal tax debts, the question arises: Can the IRS seize your state tax refund to pay off federal tax liabilities? The answer is yes — under the […]

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]]> What is the FDCPA? https://optimataxrelief.com/blog/the-fair-debt-collection-practices-act-what-is-it-and-how-does-is-protect-taxpayers/ Wed, 28 Aug 2024 08:00:00 +0000 https://www.optimataxrelief.com/?p=10010 Being in debt is a stressful circumstance that collectors can often intensify with unfair practices. Therefore, the Fair Debt Collection Practices Act (FDCPA) prohibits companies from using such practices to collect debts from you. Here’s an overview of the FDCPA, including what it is, who it applies to, and its key provisions.   What is […]

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]]> How to Deal with an IRS Revenue Officer  https://optimataxrelief.com/blog/how-to-deal-with-an-irs-revenue-officer/ Tue, 27 Aug 2024 08:00:00 +0000 https://optimataxrelief.com/?p=21111 Encountering an IRS revenue officer can be a stressful experience, especially if you’re unfamiliar with their role and the potential implications of their visit. Understanding how to deal with a revenue officer effectively can make a significant difference in the outcome of your situation. Here’s a comprehensive guide to help you navigate this challenging scenario.  […]

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]]> What You Need to Know About IRS Wage Levies  https://optimataxrelief.com/blog/what-you-need-to-know-about-irs-wage-levies/ Mon, 26 Aug 2024 08:00:00 +0000 https://optimataxrelief.com/?p=21107 One of the most severe actions the IRS can take against you is issuing a wage levy. A wage levy allows the IRS to seize a portion of your paycheck directly from your employer, leaving you with a reduced income until your debt is paid off. Understanding how wage levies work, the process involved, and […]

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]]> Can the IRS Take My Car?  https://optimataxrelief.com/blog/can-the-irs-take-my-car/ Wed, 21 Aug 2024 08:00:00 +0000 https://optimataxrelief.com/?p=21085 When it comes to unpaid taxes, the IRS has powerful tools at its disposal to collect the debt. Among these tools is the ability to seize your assets, including your car. But under what circumstances can the IRS actually take your vehicle, and what can you do to protect yourself? Here’s what you need to […]

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]]> The Difference Between an IRS Revenue Officer and a Revenue Agent  https://optimataxrelief.com/blog/the-difference-between-a-revenue-officer-and-a-revenue-agent/ Mon, 19 Aug 2024 08:00:00 +0000 https://optimataxrelief.com/?p=21092 The IRS plays a critical role in ensuring that taxpayers comply with U.S. tax laws. Within the IRS, various professionals are tasked with different responsibilities, including revenue officers and revenue agents. While these roles may sound similar, they have distinct functions and purposes within the IRS. Understanding the difference between an IRS revenue officer and […]

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]]> What Assets Can the IRS Seize? https://optimataxrelief.com/blog/what-assets-can-the-irs-seize/ Tue, 13 Aug 2024 08:00:00 +0000 https://optimataxrelief.com/?p=11109 It can be difficult and frustrating to deal with tax debt. You might be concerned about whether the IRS has the right to seize your assets if you owe taxes to them and haven’t taken steps to address the debt. Understanding which assets the IRS can seize is crucial for taxpayers, particularly those facing financial […]

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]]> My IRS Levy is Causing a Hardship. Now What?  https://optimataxrelief.com/blog/my-irs-levy-is-causing-a-hardship-now-what/ Mon, 12 Aug 2024 08:00:00 +0000 https://optimataxrelief.com/?p=21056 Dealing with an IRS levy can be incredibly stressful, especially when it creates a significant financial hardship. A levy allows the IRS to legally seize your assets, such as bank accounts, wages, and other property, to satisfy a tax debt. If this action is making it difficult to cover basic living expenses, it’s essential to […]

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