CP71A in Nebraska
What is the CP71A Notice?
If you’ve received a CP71A letter from the IRS, it’s time to take action. This notice is a yearly reminder that you still have an unpaid balance with the IRS and that interest and penalties are continuing to accrue. The CP71A isn’t something you can afford to ignore, but understanding what it means and what you can do about it can prevent the situation from spiraling further.
The CP71A letter typically outlines the amount you owe, including any additional penalties and interest that have been added to your original tax debt. While it may not come with an immediate threat of enforcement action, the longer you wait to address the issue, the more difficult it becomes to resolve. Interest and penalties continue to build, and ignoring it could eventually lead to more aggressive collection actions like liens or wage garnishments.
What I Should Do Next?
If you’ve received this notice, it’s important to verify the balance and ensure it matches what you believe you owe. The next step is to decide on a plan of action to resolve the debt. Depending on your situation, you could consider payment arrangements, debt reduction programs, or even applying for penalty relief.
That’s where professional guidance comes in. Navigating IRS notices and tax debt on your own can be overwhelming, but a tax resolution expert can help you understand your options and deal with the IRS on your behalf.
The BPB Tax Resolutions Difference
Ben Butterfield, founder of BPB Tax Resolutions, LLC, is the expert you need to handle your CP71A notice. With over 25 years of experience in accounting, finance, and IRS tax resolution, Ben understands exactly how to tackle situations like yours. As an enrolled agent and Certified Tax Resolution Specialist, he knows the most effective strategies to help you resolve your debt and put an end to the constant IRS notices.
If you’ve received a CP71A letter, don’t wait. Reach out to Ben Butterfield today at BPB Tax Resolutions for a free consultation. Call (402) 779-7399, and take the first step toward resolving your tax debt.
