IRS Final Notice - Balance Due
Below is what an IRS Final Notice looks like:
Urgent!!
We intend to levy on certain assets. Please respond NOW.
Our records indicate that you haven't paid the amount you owe. The law requires that you pay your tax at the time you file your return. This is your notice, as required by Internal Revenue Code Section 6331(d), of our intent to levy (take) any state tax refunds that you may be entitled to if we don't receive your payment in full. In addition, we will begin to search for other assets we may levy. We can also file a Notice of Federal Tax Lien, if we haven't already done so. To prevent collection action, please pay the current balance now. If you've already paid, can't pay, or have arranged for an installment agreement, it is important that you call us immediately at the telephone number shown below.
- Account Summary
- Form: {form number}
- Tax Period: {date}
- Current Balance: {$ amount}
- Includes:
- Penalty: {$ amount}
- Interest: {$ amount}
- Last Payment: {$ amount}
What does the letter mean?
This notice is telling you that the IRS intends to issue a levy against your state tax refund because you still have a balance due on one of your tax accounts. It is also telling you that the IRS will begin searching for other assets on which to issue a levy and that they may also file a tax lien, if they have not already done so.
What happens if I don't pay?
If you don't pay or make arrangements to pay, the IRS has several options available to collect the money. They may levy your state tax refund, levy your bank accounts, and garnish your wages or social security.
To resolve your tax problems, please contact Larson Financial today.

