Navigating IRS Cp90 Notices: A Simple Guide for Taxpayer

May 12, 2023

Receiving an IRS notice can be anxiety-inducing, especially if you don’t know what it means. In this blog post, we’ll break down the CP90 notice in a way anyone can understand. So get ready to decode the mysteries behind the CP90 notice and learn how to handle it.

What is an IRS CP90 Notice?

An IRS CP90 notice is a warning of intent to levy, meaning the IRS plans to seize your assets to collect unpaid taxes. It is a final notice, and if left unaddressed, it can result in significant financial repercussions, including wage garnishments, bank levies, and seizure of property.

Why Did You Receive a CP90 Notice?

he IRS issues a CP90 notice when you have unpaid taxes and have yet to respond to prior notices or take steps to address the issue. Acting promptly upon receiving a CP90 notice is essential to avoid the severe consequences of unpaid taxes.

Understanding the Content:

The CP90 notice is a serious warning and outlines the amount of unpaid taxes, penalties, and interest owed to the IRS. In addition, it provides information on your right to request a hearing, but you must act quickly to do so. Respond to the notice to avoid the IRS initiating a levy to collect unpaid taxes.

What to Do Upon Receiving a CP90 Notice?

Upon receiving a CP90 notice, the first step is to carefully review the notice and verify the accuracy of the information provided. If there is an error or discrepancy, it’s essential to contact the IRS and address the issue promptly.

If the notice is accurate, you can explore different options to resolve the issue, such as setting up a payment plan, offering a compromise, or filing for an installment agreement. However, it’s important to take proactive steps to address the issue and prevent the IRS from initiating a levy is important.

Receiving an IRS CP90 notice can be stressful, but addressing the issue promptly is essential to avoid severe financial repercussions. By understanding the purpose of the notice, reviewing the content carefully, and exploring different options to resolve the issue, you can confidently navigate the process. The key is to act promptly, call the Lamarre Law Group P.A., and take proactive steps to address the issue. With this knowledge, you’ll be better equipped to handle CP90 notices like a pro!