CPS 90 Notice

Receiving a CP90 Notice from the IRS is a serious matter that demands immediate attention. This notice, also known as the Final Notice of Intent to Levy and Notice of Your Right to a Hearing, indicates that the IRS plans to levy your assets, such as bank accounts or wages, to satisfy your tax debt. Understanding the implications of a CP90 Notice and taking prompt action is crucial to protect your assets and resolve your tax issues effectively.

What is a CP90 Notice?

A CP90 Notice is the IRS’s final warning before it takes aggressive collection actions to recover unpaid taxes. This notice informs you of the IRS’s intent to levy your assets, which can include bank accounts, wages, and other property. It also notifies you of your right to request a Collection Due Process (CDP) hearing within 30 days. This hearing is your opportunity to challenge the levy and negotiate a resolution with the IRS.

The Serious Consequences of Ignoring a CP90 Notice

Ignoring a CP90 Notice can lead to severe consequences, including:

• Asset Seizure: The IRS can levy your bank accounts, garnishing funds to satisfy the tax debt.
• Wage Garnishment: The IRS can direct your employer to withhold a portion of your wages until the debt is paid.
• Property Seizure: In extreme cases, the IRS can seize and sell your property, including real estate and personal belongings.

The Importance of Requesting a Collection Due Process Hearing

Requesting a Collection Due Process hearing within 30 days is critical. This hearing allows you to:

• Challenge the Levy: Present your case and argue against the levy if you believe it is unjustified.
• Negotiate Alternatives: Discuss alternative payment arrangements, such as installment agreements or offers in compromise.
• Protect Your Rights: Ensure that the IRS follows proper procedures and respects your rights throughout the collection process.

Why You Need Experienced Tax Lawyers for a CP90 Notice

Navigating the complexities of a CP90 Notice and the subsequent CDP hearing can be daunting. Here’s why engaging experienced tax lawyers is essential:

1. Expert Representation: Our tested IRS tax lawyers have extensive experience representing clients in CDP hearings, ensuring your case is presented effectively.
2. Strategic Negotiation: We negotiate with the IRS on your behalf to seek the best possible resolution, whether through payment plans, penalty abatement, or other relief options.
3. Protection of Rights: We ensure that your rights are protected throughout the process, preventing the IRS from taking unjust or excessive actions against you.
4. Comprehensive Support: From preparing necessary documentation to representing you in hearings, we provide full support to resolve your tax issues efficiently.

Immediate Steps to Take When You Receive a CP90 Notice

If you receive a CP90 Notice, it’s crucial to act quickly:

1. Review the Notice Carefully: Understand the details of your tax debt, the proposed levy, and your rights to a CDP hearing.
2. Gather Documentation: Collect all relevant financial documents, including previous IRS notices, tax returns, and payment records.
3. Contact Davis Law Firm Immediately: Reach out to our experienced tax lawyers to review your case, provide expert advice, and start preparing for the CDP hearing.

Protect Your Assets and Resolve Your Tax Issues

Do not wait for the IRS to levy your assets. Protect your financial future and secure your rights by seeking professional help today.

Contact Davis Law Firm, Tax Lawyers, in Carrollton, Texas, serving Collin, Dallas, Denton, Grayson, Ellis, Grayson, Tarrant, and surrounding Texas Counties. Call us now at (469) 436-8010 to schedule a consultation. Our dedicated team is here to help you navigate this challenging situation and achieve the best possible outcome.

Receiving a CP90 Notice is a critical moment that demands immediate and informed action. By understanding the implications and taking proactive steps with the assistance of experienced tax lawyers, you can effectively protect your assets and resolve your tax issues. Let Davis Law Firm be your trusted partner in navigating this complex landscape and ensuring your financial security.