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Receiving an LT11 notice from the IRS is a serious matter. This letter warns that the IRS is preparing to take collection actions against you, such as levying your bank account or garnishing your wages. Understanding the implications of the LT11 and responding appropriately is essential to safeguarding your assets and financial well-being. What Is the LT11 Notice? The…
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…

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