As Former IRS agents, we can give you an exit strategy!

As a general rule the Internal Revenue Service sends out tax bill IRS notice CP 171 every year to taxpayers and businesses who owe back monies and are not currently on an installment payment or have been put into a hardship or currently non collectible.

This Cp171 Notice is a notice to let these taxpayers know they owe back taxes and that their case is soon will be active into the IRS enforcement computers.

As a former IRS agent and teaching instructor with the Internal Revenue Service, the taxpayer should plan to go into a professional representative and set up a plan of action exit strategy to deal with the day when IRS follows up.

At some point in time IRS is going to ask you to complete a financial statement and make a determination on how to deal with the tax liability

If you have received this notice the first thing you should do is to call a tax professional review the situation and come up with an exit strategy.

Taxpayers should beware that at any point in time the Internal Revenue Service can send these cases to the automatic collection systems or to local field offices for enforcement action.

Call us today for a free initial tax consultation.