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Receiving a CP1058 letter from the IRS is serious—it means the IRS is preparing to take collection action against you. This is your final warning before the IRS moves forward with levies or liens to collect unpaid taxes. What Does a CP1058 Letter Mean? A CP1058 notice, also known as a Final Notice of Intent to Levy, informs you that: The IRS plans to seize your wages,…
Receiving a penalty notice from the IRS is never easy, but you don’t have to face these challenges alone. For taxpayers in Connecticut, understanding penalty abatement could be the first step toward financial relief. David Rappaport, a tax resolution expert at Rappaport Tax Relief, explains what you need to know about IRS penalties and how you can apply for penalty…
Receiving an IRS notice can be a stressful experience, but ignoring it is never the solution. At Rappaport Tax Relief, we understand the challenges that Connecticut residents face when dealing with tax issues. In this blog, we’ll explore the reasons why you should never ignore IRS notices and how we can help you navigate the process. What Are IRS Notices? IRS…

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