Bankruptcy or Other Legal Action
If you file a petition with the Tax Court to dispute a tax issue, the alert will notify you of any changes or actions the IRS takes in response. IRS transcript alerts can notify you of any changes to your account, including decisions made by the Tax Court or the IRS’s position on the dispute. These alerts are helpful for understanding the IRS's actions during the legal process and keeping you informed of any new filing requirements or requests for additional documentation.
These notifications are designed to keep you informed of important updates that could impact your tax situation, ensuring that you are aware of any changes that may affect your liability or legal rights. Staying ahead of IRS actions is crucial, and that's why we offer a Tax Monitoring Program to help you track potential issues before they escalate. Our program alerts you to critical developments such as lien filings, levy actions, and status changes—giving you the chance to act quickly and protect your finances.
Don't wait until it's too late—join our monitoring program today and gain peace of mind knowing your tax situation is being watched by professionals.
Have questions or need immediate assistance? Contact us now to speak with one of our tax resolution experts.
Bankruptcy or other legal action (such as Tax Court Petition) notifications
Bankruptcy or other legal action notifications (such as a Tax Court Petition) alert you when there are updates to your IRS account due to legal proceedings, such as bankruptcy filings or tax disputes.
Bankruptcy filings
When you file for bankruptcy, the IRS is notified, and the alert can help you track how it affects your tax debt and any actions the IRS takes regarding your account. The IRS may adjust its collection efforts and review your tax debts in light of the bankruptcy proceedings. Bankruptcy can discharge certain types of tax debt, or it may reorganize how your tax liabilities are handled.