Notice of Intent to Levy

IRS cannot levy - take your income and/or assets until after 30 days from the date on a Notice of Intent to Levy. Failure to to file for Collection Due Process Rights within 30 days from the date on the Final Notice of Intent to Levy allows IRS to levy your assets thereafter, with no further notice to you.

Fortress Financial Services Featured On Moving America Forward Hosted By William Shatner

Moving America Forward Interview | Tax Resolution Services

Earlier this year, I received a voice message from a producer for a television show called Moving America Forward, hosted by William Shatner.  The message stated that they were interested in speaking with me about possibly appearing on their nationally broadcasted television show. Moving America Forward Interviews Fortress Financial Services […]

Will The IRS Seize My Assets, Business Or My Residence?

IRS Asset Seizure | Tax Seizure | TaxFortress.com

You and/or your business have accrued a tax liability and are now receiving increasingly threatening letters from the IRS that indicate that they are going to seize your assets.  Many questions arise.  Can the IRS actually do this?  Will they seize my corporate assets and shut my business down?  Will […]

IRS Automated Collection System (“ACS”) vs. Revenue Officer: What’s the Difference?

IRS Automated Collection System | IRS Revenue Officer | TaxFortress.com

When an IRS tax liability goes to collections, it will either be assigned to the IRS Automated Collection System (“ACS”) or to the Collection field function, where a Revenue Officer will be assigned and charged personally with attempting to collect the unpaid tax.  Some delinquent accounts will initially be assigned […]

Taxpayer Advocate Service: Utilizing the Taxpayer Advocate to Resolve IRS Tax Liabilities

Taxpayer Advocate Service | Offer in Compromise | TaxFortress.com

The Internal Revenue Service is one of the largest government agencies in the world. With around 90,000 employees and a budget in the billions, it’s truly an empire within our government, and its rules and regulations are not wholly known by any one single human being. Therefore, as you can […]

Congress Instructs IRS To Outsource Collections To Private Companies

IRS Uses Private Collection Agencies | FAST Act | TaxFortress.com

On December 4th, 2015 President Barack Obama signed into law the “Fixing America’s Surface Transportation Act” to improve the Nation’s surface transportation infrastructure. Also referred to as the FAST Act, the legislation included a provision which requires the Internal Revenue Service to outsource certain tax debts to private debt collection […]

How to Choose the Best Tax Professional to Handle Resolving Your Tax Debt

Tax Professional | IRS Collections Representation | TaxFortress.com

If you’ve accrued a debt to the taxing authorities, your first inclination may be to handle it yourself. If you make that choice, beware that there are a number of frustrations involved in trying to communicate with the taxing authorities. Unless your case has been assigned to a Revenue Officer […]

How to Eliminate IRS Civil Penalties And State Withholding Tax Return Discrepancies

IRS Civil Penalty | Discrepancy Notice | TaxFortress

One of the most frustrating situations my clients confront is the IRS’s addition of large amounts of tax or Civil Penalties to tax periods that ended a long time ago. There can be several reasons for additions to tax or Civil Penalties, but the most common ones I encounter are […]

The IRS Levied My Bank Account! What Do I Do?

IRS Levy | Notice of Levy | IRS Seizure | TaxTortress

Perhaps no other action taken by the IRS is more disruptive, surprising, and panic-inducing than an IRS levy on your checking or savings account. With one notice sent to your bank, the IRS can seize every penny you’ve got, and apply it toward your tax bill. To make it worse, […]

Understanding IRS Collection Notices and Correspondence

LT-11 | CP 504 | Collection Due Process | IRS CDP | TaxFortress

A taxpayer who accrues a balance due with the IRS receives a lot of correspondence as the IRS tries to collect on that liability.  Some of this correspondence appears threatening, but actually doesn’t have much “bite.”  Other correspondence means there could be serious danger up ahead, and may require immediate […]

Can I Avoid Additional Tax Penalties by Designating Payments to My IRS Tax Liability?

Voluntary Payment | IRS Appeals | Installment Agreement

Answer: Depending upon the specifics of your situation, it may be possible to avoid hundreds, or even thousands, of dollars in penalties simply by “designating” voluntary payments applied toward your tax liability.  Keep in mind that payments made in accordance with a formalized installment agreement are not considered voluntary, so […]

Will the IRS Garnish My Wages?

IRS Garnishment | Will The IRS Garnish My Wages | IRS Levy

Question:  Will the IRS garnish my wages or Levy my wages? How can I avoid this? Answer: In order to answer this question effectively, some background and definitions with regards to IRS procedures are warranted.  A levy on wages is where the IRS effectively takes a portion of ones wages […]

Personal Liability for Unpaid Employer Withholding Taxes

941 Tax | IRC 6672 | Trust Fund Recovery | TaxFortress

Can I be held personally liable for unpaid 941 employer withholding taxes?  What can be done to avoid this/protect personal assets/income? If you are an owner, officer, check-signer or decision-maker at a business that is behind on 941 taxes, you are at risk of being personally assessed with a penalty […]

IRS Payment Plan Installment Agreements

IRS Payment Plan | Installment Agreement | TaxFortress

Any time a taxpayer incurs a balance due to the IRS, the IRS’s first response is almost invariably to demand that the debt be fully paid, immediately.  However, in many situations, the taxpayer does not have the ability to fully and immediately pay the tax debt.  This inability to quickly […]

Will the IRS Seize Assets or Force the Sale of Them?

IRS Asset Seizure | Tax Levy | Notice of Levy | TaxFortress

Will the IRS take your assets or force you to liquidate assets in order to satisfy your IRS back tax liability? The IRS can, with a few limited exemptions, seize your assets to satisfy your IRS back taxes. However, if you have competent legal representation, this should not happen to […]