I’ve watched business owners cry in my office. Not because they did anything wrong — but because they finally had someone in their corner who could talk to the IRS for them instead of watching them panic alone. Here’s what 20+ years as a CPA (and a former auditor) has taught me: The IRS doesn’t want to ruin your life. They want their money — and they have a process for getting it. The problem? Most people never learn that process. So they: → Ignore the letters until it’s a levy → Try to negotiate alone and get steamrolled → Hire someone who promises “pennies on the dollar” and delivers nothing → Lose sleep, lose focus, lose the business they built I built Cents Savvy to be the opposite of that. I know the IRS playbook because I live it daily for my clients. I use this knowledge to build real, IRS-compliant resolution plans — offers in compromise, installment agreements, penalty abatement, currently-not-collectible status — whatever actually fits your situation. Every client that’s walked into my office scared has walked out with a plan. And once you have a plan, you can breathe again. If you’re a business owner sitting on IRS debt right now, staring at letters you’re too afraid to open — that ends today. Comment with “PLAN” and let’s find out what your options actually are.

Before the IRS can garnish wages, it must first send a Final Notice of Intent to Levy and give you 30 days to respond or request a hearing. If ignored, the IRS can begin garnishment (tax levy) and continue until your debt is paid, or until another arrangement is in place.A resolution plan (installment agreement, offer in compromise, hardship status) can halt garnishment, but you must act before the wage levy is issued.

When you submit a valid OIC, the IRS pauses many aggressive collection actions (e.g. levies) while the offer is under review. However: interest and penalties continue accruing during review, so timing and accuracy matter.

Every month you don’t pay, the IRS adds 0.5% of your unpaid tax as a penalty (up to a 25% cap). On top of that, interest accrues daily on the unpaid balance and penalty. But taxpayers who request abatement or qualify under “reasonable cause” often get those penalties reduced or removed—if they act before the snowball grows too big. Let’s map your relief path — book a consult now before penalties escalate further.