Understanding IRS Notice 3174: What You Need to Know

Getting letters from the IRS about unpaid taxes can cause worry and stress for taxpayers. Understanding what the letter means, and what to steps to take next can go a long way to alleviate that stress. IRS Notice 3174 serves as a reminder to individuals with outstanding tax liabilities. This guide will help you understand IRS Notice 3174 and what you need to do to resolve it.

A taxpayer filling out their tax returns.

What is IRS Notice 3174?

IRS Notice 3174 is a reminder notice sent to individuals with outstanding tax liabilities. Notice 3174 is a final warning from the IRS after previous notices of intent to levy have been sent. It indicates that authorities may take additional enforcement actions. Recipients must take this notice seriously and address their overdue taxes promptly to avoid more penalties and enforcement actions.

Key Information in IRS Notice 3174

Reason for Receipt: Notice 3174 reminds recipients about their overdue taxes and warns of consequences for not paying. This notice is a warning for taxpayers to take their situation seriously and act quickly.

Action Required: It is crucial for recipients to take immediate action upon receiving Notice 3174. If you don’t respond to this notice, the IRS may take more serious actions. These actions include taking money from your wages, seizing money from your bank account, or taking your assets. Taxpayers must address their outstanding tax liabilities to prevent these consequences from escalating.

What You Need to Do

Assess Tax Obligations: Carefully review the details of Notice 3174 to verify the accuracy of the tax liabilities outlined therein. Taxpayers should check the notice against their records to make sure all amounts owed are correct.

Take Prompt Action: If the tax liabilities outlined in Notice 3174 are accurate, it is imperative to take prompt action to address them. Taxpayers can resolve overdue taxes by paying in full, setting up a payment plan, or negotiating a compromise. Depending on the size of your liability, you may want to consider consulting a tax lawyer. Choosing the most appropriate course of action depends on the individual’s financial situation and ability to pay. The team at Boxelder can help you take the next step!

Frequently Asked Questions About IRS Notice 3174

What should I do if I disagree with the tax liabilities outlined in Notice 3174?

  • If you disagree with the taxes in Notice 3174, you should speak with the IRS, or consult with a tax attorney. You can discuss your concerns and work together to find a solution to the problem. Taxpayers have the right to challenge the accuracy of their tax debts and seek adjustments or corrections if necessary.

Can I stop enforced collection actions after receiving Notice 3174?

  • Depending on your individual circumstances, you may be able to halt enforced collection actions by addressing the outstanding tax liabilities promptly and entering into appropriate payment arrangements with the IRS. It is crucial to communicate with the IRS and proactively seek resolution to prevent further enforcement actions.

Additional Resources and Assistance

Consult Tax Professionals: Taxpayers facing overdue tax obligations may benefit from seeking assistance from tax professionals or financial advisors. Our experienced team can provide guidance on resolving outstanding tax liabilities and navigating IRS notices effectively.

Use IRS resources: Taxpayers can find helpful information on the IRS website. This includes forms and tools.

These resources can help taxpayers better understand their tax liabilities, and how to resolve them. Additionally, the IRS offers various taxpayer assistance services, including phone hotlines and local taxpayer assistance centers to provide support and guidance.

Need Further Assistance with IRS Notices?

Navigating IRS notices and resolving tax-related issues can be complex and daunting. If you find yourself overwhelmed or uncertain about how to proceed with IRS Notice 3174 or any other tax-related matter, seeking guidance from experienced tax professionals can provide invaluable support and peace of mind.

At Boxelder Consulting, our team of tax experts specializes in assisting individuals and businesses with various IRS notices, including Notice 3174. If you need help with the notice, disputing adjustments, or payment options, we are here to help you with personalized assistance.

By partnering with Boxelder Consulting, you’ll benefit from:

  • Expert Guidance: Our knowledgeable tax professionals have extensive experience navigating IRS notices and resolving tax-related issues effectively.
  • Customized Solutions: We understand that every tax situation is unique, which is why we offer personalized solutions tailored to your individual needs and circumstances.
  • Peace of Mind: Rest assured knowing that your tax matters are in capable hands. We’ll handle the complexities of IRS notices and work tirelessly to achieve the best possible outcome for you.

Don’t let IRS notices cause unnecessary stress or uncertainty. Contact Boxelder Consulting now to schedule a meeting and get the help you need to confidently address your tax issues. We can help you understand and respond to IRS notices, and work towards resolving your tax issues in a positive way.

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About the Author

A company founder standing by Colorado's Front Range

Tom Conradt

Co-Founder, IRS Collections Defense Attorney

Tom Conradt is the co-founder of Boxelder Consulting & Tax Relief, and has been practicing IRS Collections defense law for the past ten years. Graduating from the University of North Carolina at Chapel Hill, Tom is the lead IRS Collections Defense Attorney and heads the tax resolution department. Tom’s favorite part about working at Boxelder Consulting is hearing about the relief that clients experience after they sign up and start seeing immediate results on their case. Tom enjoys all the outdoor activities Colorado has to offer, including skiing, hiking and climbing. He is also looking forward to the return of indoor pickup basketball.

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