IRS Notices

IRS CP90 Notice

Being the most powerful collection agency in the world, the IRS can forcibly take funds or property from a taxpayer. As a warning, the Form CP 90, or considered as Final Notice of Intent to Levy and Your Right to a Hearing, will be sent to you.
Please do not ignore this.

This formal notice of the Form CP 90 gives the IRS the right to seize assets due to non-payment of tax debts. Any income, retirement benefits, property, bank accounts, plus other assets may be seized if there is no response within 30 days.

This notice is sent out through the certified mail. The recipient must sign this letter right at the door or at the post office. This shows that the IRS has done everything to reach out to the taxpayer. Don’t avoid picking up the mail from the post office. This notice from the IRS follows a particular protocol properly informing the taxpayer about an impending action.

I don’t agree with the Form CP 90, what should I do?

You have the right to appeal should you disagree with the information on the Form CP 90. Complete Form 12153 to begin the process which is a Request for a Collection Due Process Hearing. Please mail once completed to the address indicated on the Form CP 90.
Your submitted appeal moves from the collection department to the appeals department of the IRS. Most probably, an officer will be assigned to your case. This makes it easier than talking to a different person each time regarding your particular situation.
There may be a three to six-month extension for payment as your appeal is being processed. But interest will accrue during those months that the appeal is on-going.

If someone is helping you with your taxes, will that make a difference?

Your accountant can submit Form 2848 or Power of Attorney and Declaration of Representation. The IRS is given permission by this form to coordinate with your tax professional. Collection activity gets diverted to this person so you will be free from any calls or other letters.

If you ignore the Form CP 90 Notice, what will happen?

After thirty days have passed and no action has been taken, this gives the IRS the right to levy your assets. Wage or income, vehicles, property, bank funds, and other assets can be seized. Essential clothing and moderately priced transportation, or income to provide court-ordered child support may be exempted.
Your Social Security payments may even be levied at 15%. If the IRS plans to do this, a CP 91 may be sent instead.

Where can you find assistance with your Form CP 90?

It can be quite daunting to receive a Form CP 90. If the previous notifications didn’t faze you, this one should give you the heebie-jeebies. Consulting with a tax professional will quell your fears somewhat.
Getting help for your tax debt is doable with the proper assistance. Contact a tax professional as soon as you can.

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