Educational Tax Tip: Understanding the IRS Final Notice of Intent to Levy (LT11)

Did you know that an IRS LT11 notice is one of the most urgent letters you can receive? It’s the Final Notice of Intent to Levy, meaning the IRS plans to seize your wages, bank accounts, or other property to collect unpaid taxes. You have 30 days from the date of the notice to act; whether by paying the balance, setting up a payment plan, or requesting an appeal. Ignoring it will almost certainly lead to enforced collections, making it crucial to respond immediately.

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