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Resolving Your Back Taxes

IRS offer in compromise New Jersey

Resolving Your Back Taxes: Why You Need to Call an NJ Tax Attorney Today

NJ Tax attorney levy vs. lienIf you have back taxes weighing you down, act now.  The IRS is lifting its suspension on collection letters for back taxes owed. On February 9th, 2022, the IRS in its News Release (IR 2022-31) announced it was suspending various collection letters because of processing delays caused by the COVID-19 pandemic.  The IRS took an all-hands-on deck approach to work the backlog of processing issues even at the risk of slowing its enforcement activity down.

The Resumption of IRS Collection Notices

 According to reliable sources within the IRS, the agency plans to gradually restart automated collection notices in the coming months. As a result, it’s essential to be prepared for these notices to resume, especially if you have outstanding tax liabilities. Taking proactive measures now can save you from unnecessary stress and financial hardship in the future.

Below is a summary of the IRS notices scheduled to be sent out:

  • CP80: The IRS sends this notice when the IRS has credited payments or other credits to a taxpayer’s account, but no tax return has been received for that period.
  • CP59 and CP759 (Spanish Version of Notice): The IRS sends this notice when there is no record of a prior year tax return being filed.
  • CP516 and CP616 (Spanish Version of Notice): The IRS sends this notice to serve as a request for information regarding a delinquent return when there is no record of a return being filed.
  • CP518 and CP618 (Spanish Version of Notice): The IRS sends this notice as a final reminder when there is no record of a prior year return being filed.
  • CP501: The IRS sends this notice as a reminder that there is an outstanding balance on the taxpayer’s account.
  • CP503: The IRS sends this notice as a second reminder regarding an outstanding balance on the taxpayer’s account.
  • CP504: This notice serves as a final balance due notice and an intent to levy if a payment has not been received for an unpaid balance. This notice is an indication that the case will be transferred to collections.
  • 2802C: This letter is sent to taxpayers who have been identified as having under-withholding of federal tax from their wages, providing instructions on how to correct their tax withholding.

For Business Notices:

  • CP259 and CP959 (Spanish Version of Notice): These notices are sent when there is no record of a prior year return being filed.
  • CP518 and CP618 (Spanish Version of Notice): This notice is a final reminder that there is still no record of a prior year tax return(s).

Benefits of Consulting a NJ Tax Attorney:

 Navigating the complex world of taxes and IRS notices can be overwhelming, but you don’t have to face it alone. By contacting an experienced tax attorney in New Jersey, you gain a valuable partner who will advocate for your rights and guide you through the resolution process. Here’s why you should pick up the phone and call us:

Expertise: A tax attorney possesses in-depth knowledge of tax laws and regulations. They understand the intricacies of the IRS collection process and can provide tailored solutions for your specific situation. With our expertise, you can rest assured that your tax matters are being handled professionally.

Negotiation and Representation: When dealing with the IRS, it’s crucial to have a skilled negotiator on your side. A tax attorney will communicate with the IRS on your behalf, protecting your rights and advocating for the best possible outcome. The Law Offices of Todd S. Unger, Esq. LLC will work tirelessly to secure favorable payment plans, reduced penalties, and other forms of relief.

Proactive Strategies: Our goal is to help you resolve your tax issues efficiently and effectively. We’ll analyze your financial situation, identify available options, and develop a proactive strategy to achieve the most favorable resolution. Whether it’s an installment agreement, an offer in compromise, tax motivated bankruptcy, or another solution, we’ll guide you towards the best path forward.

Peace of Mind: Dealing with back taxes can be stressful and time-consuming. By enlisting the services of a tax attorney, you can alleviate the burden and focus on other important aspects of your life. Rest assured that we’ll handle the legal complexities while working towards a resolution that brings you peace of mind.

Contact the Law Offices of Todd S. Unger, Esq. Today

As automated collection notices are poised to make a comeback, it’s imperative to take control of your tax situation. By contacting a NJ tax attorney today, you’ll have a dedicated professional by your side, ready to tackle your tax matters head-on. Don’t let the fear of overwhelming notices or mounting penalties hold you back. Call us now and take the first step towards resolving your back taxes. Being proactive is the key to securing the best outcome for your financial future. Don’t let your tax problems escalate – let us help you find a solution!  Call the Law Offices of Todd S. Unger at (877) 544-4743 or fill out our contact form today.

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