LT16
Final Notice Before Levy
What This Notice Means
The LT16 is a final notice before the IRS takes levy action. This means the IRS is about to seize your assets, wages, or bank accounts to satisfy your tax requirements. If you're unsure about your tax obligations or need to verify tax relief options, professional assistance can help clarify your situation.
Why You Received This Notice
- You haven't responded to previous collection notices
- You haven't paid your tax balance or set up a payment plan
- Previous notices and attempts to collect have been unsuccessful
What You Should Do
- Contact the IRS immediately - this is your last chance
- Pay the full amount if possible
- Request an installment agreement urgently
- Consider an Offer in Compromise if you qualify
- Request a Collection Due Process hearing
- Seek immediate professional tax relief assistance
Professional tax relief services can help you understand all available options and guide you through the resolution process.
Don't Ignore This Notice
- The IRS will seize your assets, wages, or bank accounts
- Your credit score will be severely damaged
- Collection actions will proceed without further notice
- You may lose your home, car, or other valuable assets
What Happens Next
If you don't respond within 30 days, the IRS will begin levy actions. This can include wage garnishment, bank account seizure, and asset forfeiture. Professional tax help is critical at this stage to prevent asset loss and negotiate last-minute solutions. Professional tax help can assist in negotiating with the IRS and exploring all available resolution options.
Related Notices
Need Help With This Notice?
Our tax relief experts can help you understand this notice and resolve your tax issues. Don't face the IRS alone. If you're wondering do I owe the IRS or need tax relief verification, we can help clarify your situation.
Severity
Critical
Response Time
30 days to respond
Category
Collection