Home > Our Services > Asset Protection

Asset Protection Services

As a new client of Capstone Tax Consulting, our very first act on your behalf is to contact the collection officer(s) and register our Power of Attorney to secure time free from enforced collection. Our opinion has always been that it is much easier to stop a levy from occurring than to reverse a levy that has already gained momentum. If you have not yet received a Notice of Intent to Levy, Capstone Tax Consulting, Inc. can protect your assets from aggressive collection while we solve your tax case.

If you have already received a Notice of Intent to Levy, your immediate action is required. At Capstone Tax Consulting, Inc. our lethal teams of negotiators are fully licensed to represent you before the taxing authorities. If we act swiftly, most times, we can still gain control of the situation. Every action from this point forward must be strategic. There is no time to waste!

What it means to receive the IRS LT11 Final Notice of Intent to Levy:

The IRS has taken its first shot, sending out LT11, Final Notice of Intent to Levy and Your Right to a Collection Due Process (CDP) Hearing letters. If you have received an IRS LT11, Final Notice of Intent to Levy, it means the IRS is currently targeting your wages, accounts, or property for a levy.

At Capstone Tax Consulting, Inc., we protect the right to an appeal you are entitled to while dealing with a tax balance.

You have the right to an appeal, and Capstone Tax Consulting, Inc. will stop the IRS tactics by filing a collection due process (CDP) appeal in response to the LT11. You should not sit still and become an IRS target. The IRS cannot surprise you with a levy – that’s why they send the LT11. They have to let you know first – and we must immediately respond with a collection due process appeal. A collection due process (CDP) appeal is your legal right to stop the IRS from levying and to be heard. Your collection due process appeal is filed using IRS Form 12153, Request for a Collection Due Process Appeal or Equivalent Hearing (CDP). That hearing being handled properly can set the pace for the entire resolution process. Capstone Tax Consulting, Inc. has handled thousands of cases like this.

Second, understand the additional rights you receive from responding to the LT11 with a collection due process (CDP) appeal.

Your rights include:
  • Stopping all IRS collection agents in their tracks and prevent the IRS from levying your property.
  • Moving your file away from IRS collection agents and to their independent office of appeals.
  • Getting an impartial hearing with an IRS Settlement Officer, who is unaffiliated with the IRS collection division.
  • Resolving your taxes without the bias and power of an IRS collection agent’s ability to hurt you.

These are the strongest rights you have to neutralize the IRS and to even the playing field. The LT11 Final Notice of Intent to Levy is the IRS’s demonstration of power; the collection due process (CDP) appeal is where we get to apply ours!

Third, let’s review what to expect from the IRS after we file the collection due process (CDP) appeal.

Capstone Tax Consulting, Inc. will get the case assigned to an 
IRS Settlement Officer in the IRS office of appeals. Then, we will receive a letter from the Settlement Officer proposing a hearing date to resolve the LT11 and your taxes without the IRS levying. Expect our hearing date to be 2-3 weeks after the date of the letter. During this entire time, from the filing of the appeal to the completion of the hearing, IRS levy authority will be on hold. They cannot act on their LT11, Final Notice of Intent to Levy. This gives you precious time protected from the IRS. It also provides Capstone Tax Consulting, Inc. time to prepare finances and records for the hearing to resolve your tax case and avoid the levy.

Fourth, have advanced knowledge of what to expect at our hearing for collection due process (CDP) appeal.

The collection due process (CDP) appeal hearing is usually conducted by phone. You do not have to participate in the hearing or speak with the Settlement Officer. Capstone Tax Consulting, Inc. has
highly trained negotiators, licensed to practice before the IRS to handle that for you. For the hearing, we will need to get together and determine which IRS program is the best fit for the resolution of your tax case. The lawyers and enrolled agents at Capstone Tax Consulting, Inc. are experts at IRS programs aimed to settle your debt and avoid levy, like offers in compromise, installment agreements, currently not collectible status, and penalty abatements.

If your tax liability is incorrect because of the IRS filing estimated tax returns (SFR) on your behalf, this can also be corrected at the hearing. We prefer an IRS program of relief instead of the levy the IRS wanted to take against you. For example, if the IRS approves an installment agreement (IA) at the hearing, they cannot levy you while you are on the agreement making payments. In fact, once they agree to an installment agreement, they cannot levy you, even if one dime has yet to change hands. The pending installment agreement protects you. The Tax Resolution teams at Capstone Tax Consulting, Inc. are masters at setting up installment agreements, some are even structured to avoid a full payback to the IRS. For example you can pay them $100/month on $100,000 liability allowing the Collection Statute Expiration Date (CSED) to exhaust, if we can show that is what your finances will permit. That certainly beats the IRS wiping out a bank account, garnishing your wages, or applying a levy to your account receivables.

Fifth, let us reiterate the benefits of negotiating with an IRS Settlement Officer as opposed to the Collections Agent.

Settlement Officers have no power to levy, so our appeals hearing is intended to be more even-handed. There should not be threats while we talk. In fact, let us do all the talking. IRS Settlement Officers, being independent from Collection Agents, are trained to be unbiased in their decision-making. And if you disagree with a Settlement Officer’s decision, it can still be appealed to Tax Court. This is a right you would not have when dealing with IRS Collection Agents.

For many, getting through is hard enough as it is. You do not need the IRS levying your wages, accounts, or property. If you have received an Intent to Levy or a
LT11, Final Notice of Intent to Levy with Rights to a Collection Due Process Appeal, assert your rights. Contact Capstone Tax Consulting, Inc., and we will respond to the LT11 with a strategically crafted collection due process (CDP) appeal and stop the IRS in their tracks. Your livelihood does not have to be on the line. Not with Capstone Tax Consulting, Inc. protecting you every step of the way!

An ounce of prevention is worth a pound of the cure. While we are the best at what we do for both, we value the prevention of enforcement greatly because it avoids disruption to your life. Because we value your peace of mind, we do all that we can to consistently prevent enforcement on your assets and disruption of your life.
Contact us

More of our services:

Tax Preparation
Tax Negotiation
Audits & Reviews
Business Tax Relief
Personal Tax Relief