IRS Notice of Levy – Form 668a
The IRS might issue form 668a to your bank accounts. If this happens the IRS will take money directly out of your bank accounts to satisfy the IRS tax debt. This debt could be the result of 1040 tax returns, 941 tax returns, 1120 tax returns or many others. If the IRS has gotten to the point that they are issuing bank levies, a formal resolution is needed for them to stop.
The tax resolution services offered at Phoenix Financial Group will get these levies to stop. Our tax attorneys have the experience to get levies released and put your IRS tax debt to rest.
Call us at 888.572.2179 for a free consultation.
IRS Form Letters and Correspondence
The IRS is a form driven bureaucracy. The IRS has to keep track of millions of taxpayers, trillions of dollars, and millions of tax returns. This is not an easy task. If you have found yourself within the collection division of the IRS, you know what “being treated like a number” truly feels like.
The IRS is forced to issue letters, correspondence and forms relative to certain trigger events. Whether a tax return is due, an appeal needs to be filed, a back tax debt is accrued or a Notice of Federal Tax Lien needs to be filed; the IRS addresses these issues by filing or mailing a multitude of form letters. In most cases if you have received any of these letters you should call us immediately. 888.572.2179 The following is a description of the most common forms or letters:
Most Common IRS Forms
Letter 1058 : Notice of Intent to Levy
Letter CP504 : Notice of Intent to Levy
Form 668y : Notice of Federal Tax Lien
Form 668a : Notice of Levy on Bank Accounts or Accounts Receivable
Form CP91 : Intent to Levy Social Security
Form 656 : Offer in Compromise
Form 12153 : Collection Due Process
Form 668w : Notice of Levy on Wages or Other Income
Form 2751 : Proposed Assessment of Trust Fund Recovery Penalty
