What is IRS Letter 1058?

Receiving a Letter 1058 from the Internal Revenue Service may be quite scary.  Letter 1058 is a Final Notice of Intent to Levy by the IRS.  This means that if you take no action, you are in jeopardy of the IRS levying your bank accounts, garnishing wages or third party monies owed to you and even seizing assets if necessary.  It is important to know that you do have rights as a taxpayer.  The video below prepared by a Denver tax attorney discusses Letter 1058 and hopefully can provide useful information if you have received this notice from the IRS.

 

Contact The McGuire Law Firm to discuss any tax questions or IRS problems with a Denver tax attorney.  Free consultation with a tax attorney in Denver or Golden, Colorado.