...

Levy

tax lien vs. tax levy

Federal Tax Lien vs. Tax Levy – What’s the Difference?

A federal tax lien is a legal claim the IRS places on your property to secure a tax debt. A tax levy is the actual seizure of your assets – wages, bank accounts, or property – to pay that debt. A lien says “the government has a right to this.” A levy says “the government […]

Federal Tax Lien vs. Tax Levy – What’s the Difference? Read More »

ai irs wage garnishment ed parsons cpa

IRS Is Using AI to Speed Up Wage Garnishments in 2026: What You Need to Know?

The IRS is now using artificial intelligence to accelerate wage garnishment decisions and enforcement actions in 2026. After losing 27% of its workforce, the agency deployed AI systems that identify delinquent taxpayers faster, prioritize collection cases automatically, and trigger levy notices with minimal human review. This means the timeline from unpaid tax debt to wage

IRS Is Using AI to Speed Up Wage Garnishments in 2026: What You Need to Know? Read More »

Got a CP504 Notice? You Have 30 Days Before the IRS Levies Your Bank Account

A CP504 notice is the IRS’s final balance-due reminder and a formal notice of intent to levy. It means the IRS plans to seize your bank accounts, wages, or other assets if you do not pay your outstanding tax debt or make arrangements within approximately 30 days. This is not a routine reminder. It is

Got a CP504 Notice? You Have 30 Days Before the IRS Levies Your Bank Account Read More »

LT11 / Letter 1058 – Final Notice of Intent to Levy: Your Ultimate FAQ on CDP Hearings, Form 12153, and Levy Release

Opened LT11 (Letter 1058)? This Ultimate FAQ explains exactly what the Final Notice of Intent to Levy means, your 30-day CDP clock, and how to file Form 12153 correctly. You’ll see payment plan choices, CNC hardship, Offer in Compromise basics, wage/bank levy releases (Pub 1494), and CSED strategy—in plain English. If time is tight, Ed Parsons, CPA pulls transcripts, builds a bulletproof Form 433, and handles Appeals to halt enforcement. Free triage: https://edparsonscpa.com/contact/

LT11 / Letter 1058 – Final Notice of Intent to Levy: Your Ultimate FAQ on CDP Hearings, Form 12153, and Levy Release Read More »

Yes, I can Meet In
I am Available to Represent You in