Legacy Tax & Resolution Services

IRS Just Sent Me a Second Reminder: You Have Unpaid Taxes (CP 503B) – What Should I Do?

For businesses, the IRS goes through a series of notices in their collections system, from Cold (barely on the radar) to Smoldering Hot (requires immediate attention). Check out the links to learn more: CP501B – Still pretty cool (Getting warmer). CP503B – Getting warmer still CP504B – Getting uncomfortable Letter 1058/Letter 11 – (Final Levy […]

IRS Just Sent Me an Unpaid Taxes Notice (CP 501B) – What Should I Do?

For businesses, the IRS goes through a series of notices in their collections system, from Cold (barely on the radar) to Smoldering Hot (requires immediate attention). Check out the links to learn more: CP501B – Still pretty cool (Getting warmer). CP503B – Getting warmer still CP504B – Getting uncomfortable Letter 1058/Letter 11 – (Final Levy […]

South Carolina Offer in Compromise: What You Need to Know

An Offer in Compromise is an agreement between you and the State Government to settle your back taxes for less than you owe. An Offer in Compromise is strictly based on numbers; basically, your income versus your expenses and the equity in your assets. If you can prove to the State you do not have […]

Nevada Offer in Compromise: What You Need to Know

An Offer in Compromise is an agreement between you and the State Government to settle your back taxes for less than you owe. An Offer in Compromise is strictly based on numbers; basically, your income versus your expenses and the equity in your assets. If you can prove to the State you do not have […]

Why Is My Installment Agreement being Terminated; IRS Just Sent Me CP-523.

The IRS goes through a series of notices regarding Installment Agreement, from Cold (barely on the radar) to Smoldering Hot (requires immediate attention). Check out the links to learn more: Form 9465 Installment Agreement Request – Not too scary (Cold). Form 433D – Installment Agreement- Direct Debit Payment Authorization– Still pretty cool (Getting warmer). Letter […]

Why is my Installment Agreement Being Reviewed; IRS Just Sent Me CP 522.

The IRS goes through a series of notices regarding Installment Agreements, from Cold (barely on the radar) to Smoldering Hot (requires immediate attention). Check out the links to learn more: Form 9465 Installment Agreement Request – Not too scary (Cold). Form 433D – Installment Agreement- Direct Debit Payment Authorization– Still pretty cool (Getting warmer). Letter […]