Getting an LT11 letter is a scary proposition, particularly because most people who get an LT11 letter have only gotten one because they have failed to take note of the IRS’ previous attempts at collection. However, an enrolled agent can be the perfect partner when dealing with an LT11 letter, as well as any other tax matter.
You may think you need a CPA to handle tax matters, but that is not the case. An enrolled agent is a federally-authorized tax practitioner who can represent taxpayers before the IRS. That means they possess the experience and expertise that is required to handle tax-related issues, including LT11 letters
How an Enrolled Agent Can Help
LT11 letters are not the beginning of a collection process. Instead, an LT11 letter is typically issued by the IRS when they intend to levy your assets to collect unpaid tax debt. Before sending one, however, the IRS usually sends several notices and reminders about unpaid taxes before moving on to more aggressive actions, including CP14 letters, CP2000 letters, and CP500 letters.
It is important to always answer any communication from the IRS, or at least not ignore it. If you feel overwhelmed at the thought of dealing with the IRS directly, an enrolled agent can guide you in whatever part of the process you require. When it comes to the LT11 letter, for example, an enrolled agent can:
- Explain the meaning of the letter and the potential consequences of not taking action.
- Help you assess your options, including paying the debt in full, setting up a payment play, or appealing the IRS’ decision if there are grounds to do so.
- Represent you in negotiations with the IRS, to make sure you never have to deal with them directly.
- Prepare a possible hearing, in case both of you consider that is the best option, as well as represent you at the hearing.
Receiving an LT11 letter can be nerve-wracking, but an enrolled agent can help you confidently navigate the process. If you need help with an LT11 letter, contact the experts at Highland Tax Resolution. We can help you resolve the matter quickly and efficiently.