Automated Tax Credit - Tax Debt Resolution

Glossary

Financial Hardship Waiver Approval

The Financial Hardship Waiver Approval is a crucial tool for taxpayers facing financial difficulties, allowing them to request relief from tax obligations under certain conditions.

CP523AI Notice

The CP523AI Notice informs taxpayers when their IRS installment agreement is in default. Understanding its implications is critical to maintaining financial compliance.

CP504AI Notice

The IRS CP504AI Notice alerts taxpayers of unpaid tax debt and potential for enforced collection actions. Immediate response is crucial to avoid severe penalties.

Payment Plan Termination Approval Form

A Payment Plan Termination Approval Form is a document used to officially terminate a taxpayer's payment plan with the IRS or other tax authorities. It requires careful consideration and compliance to avoid penalties.

CP503AG Reminder

The CP503AG Reminder serves as an urgent notice from the IRS indicating a balance due on a taxpayer’s account and urges immediate action to avoid penalties.

CP89AH Notice

The CP89AH Notice informs taxpayers of significant adjustments to their tax accounts by the IRS, detailing corrections made to income, credits, or deductions.

CP523AH Notice

The CP523AH Notice is issued by the IRS to inform taxpayers of a potential default on an installment agreement. It is crucial to address this notice promptly to avoid severe penalties.