IRS Notices Explained – What to Do (and Not Do) When the Mail Arrives?

Episode Summary:

In this episode, veteran tax attorney Lance Drury explains those dreaded IRS notices. He unpacks the differences between CP14 and LT11 letters, shares real-world tax horror stories, and offers crucial tips on how to avoid wage garnishments, bank levies, and costly mistakes. Lance emphasizes the urgency of timely legal action, the importance of professional help, and common pitfalls taxpayers fall into when trying to handle the IRS alone.

 

Key Timestamps:

00:01 – Introduction to IRS notices and why they matter

01:45 – CP14 vs. LT11: What these notices actually mean

04:22 – How appeal rights protect taxpayers and stop levies

07:36 – The IRS mistake rate and why taxpayers need legal help

10:20 – Tax season trends and what prompts people to finally call a lawyer

13:17 – A real case: $1.2M tax bill and a $300K levy due to delay

16:05 – Key rules when hiring tax professionals

18:40 – Timeline of IRS enforcement and how it varies

21:02 – Collection Due Process (CDP) vs. Equivalency Hearings

23:25 – Why calling the IRS yourself might do more harm than good

26:10 – IRS tactics: Are misleading notices intentional?

28:42 – When resolved tax years suddenly resurface

30:11 – The right time to contact a tax attorney

 

About the Show:

Resilience and Resolve with Lance Drury is a podcast dedicated to helping individuals and business owners face IRS challenges head-on. Veteran tax attorney Lance Drury delivers powerful stories, clear legal strategies, and practical advice for navigating the tax system with confidence in each episode.