Received an LT38 Notice? Discover If You Qualify for Tax Debt Relief
If you received an LT38 notice from the IRS, it’s time to take action to resolve your tax debt – before your case is escalated.
During the pandemic, the IRS paused collection efforts for two years, but is now returning to normal collections operations in 2024. To keep taxpayers informed, LT38 notices are being sent to millions of Americans, reminding them about their tax debt and warning them about aggressive collections actions if they do not resolve the debt soon.
Numerous options are available to resolve your tax debt and potentially reduce the amount you owe. You can check your eligibility for various IRS relief programs by taking our quick Tax Relief Survey.
What Is the LT38 Notice?
The LT38 is not an audit notice. Instead, it reminds you of your outstanding tax balance and informs you that your case will be escalated to collections if not resolved soon.
While receiving this notice may be unsettling, it also presents an opportunity to address your tax debt and potentially qualify for relief programs.
Take our 60-Second Quiz to See if You May Qualify for Tax Debt Relief
Options for Resolving Your Tax Debt
The IRS offers several pathways for taxpayers to resolve their outstanding balances:
- Payment Plans: Set up manageable monthly payments to clear your debt over time.
- Offer in Compromise: Potentially settle your tax debt for less than the full amount owed.
- Currently Not Collectible Status: Temporarily pause collection actions if you’re experiencing financial hardship.
- Penalty Abatement: You may qualify for removal of certain penalties, especially for tax years 2020 and 2021.
Navigating these options can be complex, which is why many Americans are turning to trusted tax professionals to ensure they secure the most favorable terms possible.
Take our brief survey to see which resolution program you may qualify for.
Find out if You Qualify Today
The LT38 notice is a wake-up call. Every day you wait, penalties and interest continue to accrue on your tax debt.
Act now and see if you qualify for an IRS Relief Programs that can reduce the amount you owe. You could begin resolving your tax debt today. Why wait?
Here’s What To Do
- Take the brief tax relief survey.
- Discover if you qualify for IRS Relief Programs and resolve your tax debt for good.
Trusted Tax Relief is on a mission to help get rid of the confusion when it comes to hiring an honest tax professional. Find your perfect match today.