CP90/CP297: Final IRS Warning Before Collection Actions – What It Means & How Tactical Tax Group Can Help
CP90/CP297 – IRS Final Warning Before Collection Actions & How Tactical Tax Group Can Help
If you’ve received an IRS CP90 or CP297 notice, your tax debt situation is now urgent. These notices are final warnings from the IRS before they initiate tax liens, wage garnishments, or bank levies.
🚨 Ignoring this letter could result in:
The IRS seizing your bank accounts or assets.
Wage garnishment, reducing your paycheck significantly.
A tax lien, which damages your credit and restricts property sales.
At Tactical Tax Group, we specialize in preventing IRS collections, negotiating settlements, and protecting your financial future.
Understanding CP90 & CP297 Notices
✅ What is IRS CP90?
The CP90 notice (Final Notice of Intent to Levy) informs you that the IRS will begin seizing your assets if you do not resolve your tax debt within 30 days.
✅ What is IRS CP297?
The CP297 notice is similar but applies specifically to business owners or self-employed individuals, warning that business assets or revenue may be seized.
Both letters are final warnings—ignoring them can result in IRS enforcement actions that could severely impact your finances.
The 30-Day Deadline – Why You Must Act Fast
🚨 You only have 30 days from the date listed on the notice (not the date you receive it) to respond.
Here’s what happens if you do nothing:
❌ The IRS will start levying bank accounts, wages, and assets.
❌ A tax lien may be placed on your home or business.
❌ Your credit score could drop significantly.
❌ The IRS can seize personal property, including vehicles or investments.
🚀 The faster you act, the more options you have to stop collections and negotiate a resolution.
How to Stop IRS Collection Actions After Receiving CP90 or CP297
✅ Pay the Tax Debt in Full – If you can pay off your tax debt, the IRS will immediately stop collection actions.
✅ Set Up an Installment Agreement – If full payment isn’t possible, the IRS allows monthly payment plans to help you resolve your debt over time.
✅ Request an Offer in Compromise (OIC) – If you can’t afford to pay your full tax bill, you may qualify for an OIC settlement, allowing you to pay less than you owe.
✅ Prove Financial Hardship – If paying your debt would cause extreme financial difficulty, you may be able to halt collection actions temporarily.
✅ File an Appeal – If you believe the IRS has made an error, you can dispute the notice through the IRS Appeals Office.
At Tactical Tax Group, we help you determine the best course of action to avoid collection actions and secure financial relief.
What’s Included in CP90 & CP297 Notices?
🔹 Previous IRS Collection Attempts – Details about prior notices and demands for payment.
🔹 Collection Actions the IRS May Take – Warnings about wage garnishments, tax levies, and asset seizures.
🔹 Instructions for Preventing Collection Actions – Steps you can take to stop the IRS from enforcing penalties.
Even if you’re already making payments or have contacted the IRS, you could still receive this notice due to an IRS processing error. It’s important to verify your tax account status with a tax professional.
How Tactical Tax Group Can Help You Stop IRS Collections
Dealing with the IRS alone can be stressful and overwhelming—but you don’t have to face it alone. At Tactical Tax Group, we offer:
🔹 Immediate IRS Representation – We communicate directly with the IRS to stop wage garnishments, levies, and asset seizures.
🔹 Tax Debt Relief Solutions – We assess your financial situation to determine if you qualify for Installment Agreements or an Offer in Compromise.
🔹 IRS Appeal Assistance – If you disagree with the IRS, we handle the appeals process on your behalf.
🔹 Fresh Start Program Guidance – We help clients qualify for IRS relief programs that can reduce their tax debt.
🚨 Don’t wait—your 30-day deadline is counting down! Take action today to prevent serious IRS consequences. 🚨
Act Now – Protect Your Assets & Stop IRS Collections!
Ignoring CP90 or CP297 could lead to:
🚨 Seized bank accounts
🚨 Wage garnishments
🚨 Tax liens on your home or business
🚨 Significant damage to your financial future
✅ Contact Tactical Tax Group today for a free consultation to discuss your options.
✅ Let our tax experts help you stop IRS collections and protect your assets.
📞 Call us now or fill out our online form to get started!