(CP - 10, 11, 22A, 23, 24, 49, 54G, 87A, 90, 91, 161, 283, 500, 501, 2000, 2501, etc.)
The IRS sends Notices for many reasons; some of the most common issues result in a decrease in your refund or an increase in your balance due. These are likely due to IRS changes in: tax calculations, income, expenses, exemptions, or deductions on your returns. Often the IRS has made these adjustments without all of the available or necessary information. Additionally, when an increase in tax occurs there likely are penalties and interest that go along with it that you may not be entirely liable for.
A lien secures the government’s interest in your property when you have outstanding taxes due. A levy allows the government to seize your property to pay your tax debt. If you do not pay or make arrangements to settle (Installment Agreement, Offer in Compromise, etc.) your tax balance, the government can levy, seize and sell any type of real or personal property that you own or have an interest in.