Automated Tax Credit - Tax Debt Resolution
Glossary

Federal Payment Levy Program (FPLP)

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Tax Transcript

A tax transcript is a document that summarizes key information from a taxpayer’s return, used for financial aid, mortgage loans, or income verification.

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CP16 Notice

The IRS CP16 notice informs taxpayers that the IRS has amended their return due to a miscalculation, adjusting the balance owed or refunded.

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