If you ignore IRS notices for tax debts, they can issue a Notice of Intent to Levy, giving just 30 days before they legally can freeze (levy) funds from your bank account.

Many miss the offer in compromise because they file incorrectly.If your balance seems unpayable, let me walk you through how real relief works.

IRS rules adopted in late 2024 (IRC § 6751(b) regulations) require that many penalties be personally approved in writing by a supervisor before assessment. If that didn’t happen, the penalty might be invalid. Also, for people with a clean recent tax history, “First Time Penalty Abatement” can remove non‑compliance penalties. Many people don’t know these rights—so they end up paying penalties that could have been waived.

Tax liens no longer pull down your credit score via credit bureaus, but they remain in public records. Lenders & title companies dig up those records all the time. If there’s an unpaid lien against you, it can kill your mortgage deal. Resolve the balance now & get proof of lien release. Want help doing that? Visit my website below to book a call. 👉🔗 https://centssavvy.com/

Interest and penalties on IRS underpayments accrue daily, and at current rates for individuals both underpayments and overpayments are 7% per year, compounded daily.