Post by myTax Solutions on Mar 23, 2016 20:37:39 GMT
The first thing to do is make sure that you received the proper notices. For example, the IRS is required to send you a final "Notice of Intent to Levy". This notice states that you have 30 days to fix the problem with your installment agreement before the IRS can take collection action. This means that if you missed a payment, you can still save your payment agreement by making up the missed payment or fixing whatever problem exists within the next 30 days.
Another event that could delay collection action is if you file an appeal or what's called a "Collection Due Process Request". These actions will generally put a hold on collection actions and allow you time to provide your side of the story.
Another event that could delay collection action is if you file an appeal or what's called a "Collection Due Process Request". These actions will generally put a hold on collection actions and allow you time to provide your side of the story.