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.