Tax Resolution Attorney John P. Willis Acknowledges That Some Taxpayers Are Receiving Balance Due Notices From The IRS And What To Do Once They Are Received.
Tax resolution attorney John Willis, CEO, and founder of IRSALLSTAR, provides options that the IRS offers for taxpayers who receive Balance Due Notices.
Fairhope, AL, July 1 2022: Tax Attorney John Willis, CEO and founder of IRSALLSTAR.com, recently published an article on his website entitled “You’ve Received An IRS Balance Due Notice.” Mr. Willis helps readers understand the options available to them for taking care of their outstanding IRS tax debt.
“With the backlogs and confusion created by the pandemic,” Willis writes, “the IRS announced that it would suppress sending out many balance-due reminder notices until they caught up on processing paper returns, correspondence, and other backlogged items. As it turns out,” he adds, “the IRS can’t suppress about 9 million notices that go out every year. These are the first balance-due notices in a series of collection notices. It’s called the CP14 notice and demand for tax.”
As Willis explains, “By law, the CP14 notice is required to be issued within 60 days after the IRS assesses the tax. The bulk of CP14 notices show up in the beginning of June asking for payment within 21 days.”
According to Willis, “If you received a balance due notice and don’t respond with payment, the IRS can begin the process to collect the taxes by levy or by filing a notice of federal tax lien.” He goes on to explain that, “Usually, the IRS will send a series of reminder notices, called the collection notice stream, to ask for payment before starting enforced collection. However, there are several options if you can’t pay the amount due in its entirety within the 21-day period.”
“First and most importantly,” Willis writes, “don’t ignore the notice. If you need help due to the amount you owe or other circumstances, contact our office. Dealing with the IRS is what we do on a daily basis.”
Willis provides a variety of options that include paying the full amount right away to a much more complicated solution called an Offer in Compromise (OIC). Willis points out that each option has its own pros and cons and states, “Your specific circumstances will determine which option is best.”
The entire article can be read at: LINK HERE
ABOUT JOHN WILLIS
Mr. Willis believes strongly in supporting and representing the “underdog” and has devoted his entire professional life to protecting and defending those who need it most. As an attorney, Mr. Willis takes his role as “counselor” seriously. His knowledge, creativity and persistence are valuable assets that provide substantial benefits to his clients. He has represented individuals and businesses across the Gulf Coast for over 23 years and, he brings together an abundance of skills and experience that can be of assistance to almost anyone.
ABOUT THE IRSALLSTAR TEAM
The IRSALLSTAR team has developed a winning formula to ensure that each client’s individual needs are specifically met. Upon becoming a client of Mr. Willis’ law firm, that client’s immediate needs are assessed, and long-term goals are defined. Experienced professionals on the IRSALLSTAR team then assist each client in developing and implementing a custom-tailored game plan to provide both short-term and long-term relief from his or her serious tax problems. All firm clients are continually coached toward successful tax resolution and final victory over their challenges with the IRS and state taxing authorities. The entire blog can be found at http://www.irsallstar.com/blog/irs-tax-controversy-even-death-cant-stop-the-irs.php
To learn more about Mr. Willis and his law firm please visit http://www.IRSALLSTAR.com or call toll-free 877-254-4254.