Tax-topic-201 Page
As a taxpayer, you are heavily protected by federal law against unfair collection practices.
: You will also accrue a monthly late payment penalty up to the maximum legal limit. tax-topic-201
: The IRS explicitly recommends paying as fast as possible—even by taking out a bank loan or utilizing a credit card cash advance—to avoid high penalty rates. 3. Enforced Collection Actions As a taxpayer, you are heavily protected by
: The process officially starts when the IRS sends you an initial letter or bill. As a taxpayer
: This allows certain qualified taxpayers to resolve their liability with the IRS for a lower amount than they originally owed. You can check your eligibility using the IRS OIC Pre-Qualifier Tool.