Norwalk, CT: How does the IRS Collection Process Work?

Education & Training with By The Book Taxes 00114257-EA

What do you do after you receive your first collection notice from the IRS?

Sit down, take a deep breath and call a tax professional. My practice handles collections cases all the time and I can help you.

It helps to know how the IRS Collection Process works. Here’s a brief overview:

  •          Once a tax return is filed and processed by the IRS, the tax is assessed
  •          Then a collection letter is sent asking for payment
  •          If payment is not received right away a “silent lien” is issued and the collection letters become more aggressive
  •          If you owe more than $10,000 and still haven’t paid, the IRS will file a “Notice of Federal Tax Lien” which destroys your credit rating
  •          If you continue to ignore them, then they begin “levying” your assets. A levy is an actual “taking”, like cleaning out your bank account or having your employer garnish your wages

How do you make this nightmare go away?

In three words; compliance, communication and resolution.

Compliance means getting current on filing your tax returns.

Communication means reaching out to the IRS to let them know you want to clean this up. As an Enrolled Agent (EA) I am admitted to practice before the IRS on behalf of clients on all tax matters.

Resolution means getting on a workable installment payment plan to pay off your balance due.

If you have any questions, or need help, call me at 203-434-5626 or email me at Also visit my website at


Michael O’Leary, EA

By The Book Taxes

1 Morgan Avenue

Norwalk, CT 06851

Comments (6)

George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Michael O'Leary, Enrolled Agent welcome to ActiveRain, and congratulations on successfully posting your first blog on this site.

Dec 09, 2018 03:59 PM
Katerina Gasset
Get It Done For Me Virtual Services - Wellington, FL
Get It Done For Me Virtual Services

Welcome to ActiveRain. This is a great place to learn about real estate and get support for you as an agent or broker. (P) 


Make sure to become a Rainmaker if you are not one yet because that is how you will get a strong link back to your website. 


The public, consumers consisting of buyers and sellers of real estate will only see your posts if you have a Rainmaker account. 


I wish you luck on your online journey of marketing!

Dec 09, 2018 08:00 PM
Mel Ahrens, MBA, Kelly Right Real Estate
Kelly Right Real Estate - Hood River, OR
Customized Choices for your Real Estate Needs

Welcome to Active Rain, a great place to learn, share, and network.  Resolution is good!

Dec 10, 2018 12:03 PM
The Woodland Team of Texas
The Woodland Companies - Austin, TX
Land Specialists

Welcome to ActiveRain, I hope that your participation here helps your business to grow.
Btw, I followed your blog, and would be honored if you followed mine.
Thank You!

Dec 10, 2018 08:00 PM
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

Welcome to the Rain!

Congratulations on your first blog post. All the best with your marketing and networking. 

Dec 27, 2018 11:57 PM
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

Welcome to Active Rain, looking forward to reading many more of your posts, let me know if there is anything that I can do to help as you get started here.
All the best of success to you.

Jan 17, 2019 05:58 PM