CP 90/CP 297 - Final Notice - Notice of Intent to Levy and Notice of Your Right to a hearing - Z Tax & Accounting

Receiving IRS Notice CP90 or CP297 is a serious matter because it means the IRS intends to levy or legally seize property or assets to collect unpaid taxes. At Z Tax & Accounting, we help taxpayers stop IRS levy actions, resolve tax debt issues, and protect their rights through professional IRS representation.

IRS Notices CP90 and CP297 are among the most serious collection notices issued by the IRS and should never be ignored.

What Is IRS Notice CP90 or CP297?

IRS Notice CP90 or CP297 is a Final Notice of Intent to Levy and Notice of Your Right to a Hearing.

The notice informs taxpayers that the IRS may legally seize assets or property to satisfy unpaid tax debt if immediate action is not taken.

The IRS may levy:

• Bank accounts

• Wages and salary

• Social Security benefits

• Federal payments

• Business income

• Other assets or property

The notice also explains the taxpayer’s legal appeal rights.

Why Did the IRS Send CP90 or CP297?

The IRS generally sends these notices after:

• Taxes remain unpaid

• Prior IRS collection notices were ignored

• Payment arrangements were not established

• Existing agreements defaulted

The IRS is legally required to provide notice before initiating most levy actions.

Important 30-Day Deadline

IRS Notice CP90 or CP297 generally gives taxpayers 30 days from the date of the notice to take action.

During this period, taxpayers may:

• Pay the balance due

• Request an installment agreement

• Submit an Offer in Compromise

• Request Currently Not Collectible status

• File a Collection Due Process (CDP) hearing request

Taking action within the deadline is extremely important to protect appeal rights and stop enforced collection actions.

What Is a Levy?

A levy is the legal seizure of property or assets to satisfy unpaid tax debt.

The IRS may levy:

• Bank accounts

• Wages

• Retirement accounts

• Accounts receivable

• Federal tax refunds

• Business assets

Once a levy is issued, financial hardship and business disruption may occur quickly.

Federal Tax Liens and Collection Enforcement

If taxes remain unpaid, the IRS may also file a Federal Tax Lien.

A federal tax lien gives the IRS a legal claim against:

• Real estate

• Business property

• Financial assets

• Personal property

Tax liens may negatively affect:

• Credit applications

• Business financing

• Property sales

• Loan approvals

Collection Due Process (CDP) Hearing Rights

IRS Notices CP90 and CP297 generally include information regarding Collection Due Process (CDP) hearing rights.

A timely CDP hearing request may allow taxpayers to:

• Appeal IRS collection actions

• Request alternative payment solutions

• Challenge levy actions

• Discuss collection alternatives with Appeals

In many cases, levy enforcement may be paused while the hearing process is pending.

Available IRS Tax Resolution Options

Taxpayers receiving CP90 or CP297 may qualify for several resolution options, including:

IRS Installment Agreements

Monthly payment plans allowing balances to be paid over time.

Offer in Compromise (OIC)

Settlement option allowing qualified taxpayers to potentially settle tax debt for less than the full amount owed.

Currently Not Collectible (CNC) Status

Temporary suspension of collection activity based on financial hardship.

Penalty Abatement

Requests to reduce or remove penalties under qualifying circumstances.

Professional review is important to determine the best resolution strategy.

What Should You Do After Receiving CP90 or CP297?

If you receive IRS Notice CP90 or CP297:

• Do not ignore the notice

• Review the balance and tax years involved

• Gather IRS correspondence and financial records

• Respond before the 30-day deadline

• Consider professional IRS representation immediately

Early action may help stop levies and protect assets.

Consequences of Ignoring CP90 or CP297

Ignoring the notice may result in:

• Wage garnishments

• Bank levies

• Federal tax liens

• Seizure of assets

• Ongoing penalties and interest

• Increased IRS enforcement actions

Once levy actions begin, resolving the issue often becomes more difficult.

Professional IRS Levy and Tax Resolution Representation

At Z Tax & Accounting, we assist taxpayers with:

• IRS Notices CP90 and CP297

• IRS levy releases

• IRS installment agreements

• Offer in Compromise negotiations

• Collection Due Process hearings

• IRS appeals

• Federal tax lien issues

• Wage garnishment relief

• IRS collections defense

• Back tax filings and tax resolution services

Our experienced IRS Enrolled Agents are admitted to practice before the IRS and provide professional representation for individuals and businesses nationwide.

Contact Z Tax & Accounting Today

If you received IRS Notice CP90 or CP297 or are facing IRS levy actions,  contact Z Tax & Accounting immediately.

We help taxpayers stop IRS collection actions, protect their assets, and resolve complex tax matters with professionalism and confidence.

Call us today at (214) 699-4790 for professional IRS levy defense and tax resolution assistance.