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EP105: Don't Let the IRS Jeopardize Your Bank Account!
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Are you losing sleep over the possibility of the IRS draining your bank account? The IRS has been making big moves lately, and it’s essential to stay ahead.
In this episode, I discuss the latest IRS actions, including the reintroduction of LT11 notices. This LT11 is an intent to levy notice, meaning the IRS has the right to seize your bank account or garnish your wages if you don't respond. Another key topic we tackle is how the IRS is targeting non-filers, especially those they believe earn $400,000 or more. The IRS often mistakes your total revenue for your actual income, which means you could be at risk even if your earnings are much lower. We also discuss how the IRS recently collected $172 million from 21,000 taxpayers. That’s an average of $8,100 per person, indicating they're not just focusing on high earners.
Don’t wait until it’s too late. Tune in to this episode for actionable advice on how to handle these IRS changes and avoid the potential seizure of your bank account.
JLD Tax Resolution Group is here to lend a hand. Feel free to schedule a complimentary consultation by calling us at 201-479-2572 or visiting our website www.201tax.com.
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