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IRS NoticesCRITICAL URGENCY

Received IRS Letter 1058? Asset Seizure Is Imminent

This is your final notice before the IRS levies your bank accounts, wages, and property.

Critical Deadline

30 days to request a Collection Due Process (CDP) hearing

Note: Strategy Sessions require a $250 analysis fee, applied 100% toward your final service.

(512) 260-5837

Understanding Letter 1058

IRS Letter 1058 is a Final Notice of Intent to Levy and Notice of Your Right to a Hearing. Like LT11, this is among the most serious notices the IRS sends. It notifies you that the IRS intends to levy your property—including bank accounts, wages, vehicles, and real estate—if you don't take action within 30 days. This notice also grants you CDP hearing rights.

IRS Authority: IRC § 6330, IRC § 6331

What Happens If You Don't Act

Levy of all bank accounts after 30 days
Wage garnishment beginning with next paycheck
Seizure and sale of vehicles and equipment
Real property seizure (home, investment property)
Business asset seizure stopping operations
Loss of CDP appeal rights if deadline missed

How The Tax Pro Advisor Resolves This

Helping Austin and Leander business owners resolve letter 1058 issues with proven strategies and direct IRS representation.

1Immediately file CDP hearing request
2Stop collection actions pending hearing
3Negotiate payment alternatives with IRS
4Prove hardship or propose Offer in Compromise
5Challenge underlying tax assessment if warranted
6Represent you throughout the appeals process

IRS Forms & Documents We Prepare

Form 12153 (CDP Hearing Request)Form 433-A/B (Collection Information Statement)Form 656 (Offer in Compromise)Form 911 (Taxpayer Advocate Request)

Frequently Asked Questions

What is IRS Letter 1058?

Letter 1058 is a Final Notice of Intent to Levy, informing you that the IRS will begin seizing your bank accounts, wages, and property if you don't respond within 30 days. It also provides your right to a CDP hearing.

How long do I have to respond to Letter 1058?

You have 30 days from the letter date to request a Collection Due Process (CDP) hearing. This deadline is critical—missing it means the IRS can proceed with levies and you lose important appeal rights.

Can I settle this for less than I owe?

Yes. During the CDP hearing process, we can propose an Offer in Compromise, installment agreement, or request Currently Not Collectible status. We negotiate the best outcome based on your financial situation.

Don't Wait Until It's Too Late

The longer you wait, the fewer options you have. Get a free, confidential consultation to understand your situation and next steps.

Note: Strategy Sessions require a $250 analysis fee, applied 100% toward your final service.

Ready to protect your business from IRS and payroll tax issues?

Schedule a consultation to review your situation and options.

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