IRS Notices & Letters
“The IRS sent me Letter 1058 threatening to levy my physical property, does setting up a standard installment agreement stop the collection process immediately?”
An IRS Letter 1058 can signal that enforced collection is being considered, but the effect of a standard installment agreement often depends on the status of the account, whether the agreement is accepted, and whether any levy action has already started. The timing of the notice, the type of tax balance involved, and whether the IRS has already taken steps toward seizure can all shape what happens next. In many cases, the notice language, the payment arrangement terms, and any prior collection history are important parts of the picture. Walking the details through with a CPA is the fastest way to know what truly applies here.
In your 60-minute session, the KGOB advisor handling it will:
- Read your exact situation and tell you, in plain English, what’s actually going on.
- Lay out your options and the trade-offs — no jargon, no judgment.
- Give you a clear next step you can act on, whether that’s with us or on your own.
This page is a prompt to start a conversation, not tax or legal advice, and states no tax-law specifics as fact. A consult session does not by itself create an ongoing engagement. We do not promise specific outcomes or savings. Kohari Gonzalez Oneyear & Brown PLLC — Charlotte, NC.
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