Automated Tax Credit - Tax Debt Resolution

Glossary

IRS Compliance Officer Notification

The IRS Compliance Officer Notification is a communication from the IRS alerting taxpayers about compliance issues or necessary actions to meet their tax obligations.

CP89AA Notice

The CP89AA Notice is a vital IRS document that informs taxpayers of account discrepancies, requiring immediate attention to avoid penalties and advance compliance.

Financial Disclosure Review Form

The Financial Disclosure Review Form is a crucial tool for tax compliance and financial transparency, ensuring all financial interests and obligations are accurately reported.

CP523AA Notice

The CP523AA Notice alerts taxpayers about specific unpaid tax obligations and potential for account default. Addressing it promptly helps avoid further penalties.

Business Payment Plan Reinstatement

A Business Payment Plan Reinstatement allows businesses to reactivate installment agreements with tax authorities after temporary lapses. It ensures continuous compliance and avoids penalties.

CP504AA Notice

The CP504AA Notice is issued by the IRS as a formal notification of delinquent taxes. It informs taxpayers of the amount owed and warns of imminent collection actions.

CP503Y Reminder

The CP503Y Reminder is a notice issued to taxpayers about pending tax dues needing immediate attention to avoid potential penalties or further IRS actions.

Monthly Payment Agreement Letter

A Monthly Payment Agreement Letter is a formal document outlining the terms of a payment plan between a taxpayer and a tax authority, specifying installments to resolve tax debt.

CP89Z Notice

The CP89Z Notice informs taxpayers of significant changes made by the IRS to their tax account, highlighting discrepancies and necessary actions to ensure compliance.