If you've received an LT11 Notice from the Internal Revenue Service (IRS), it's vital that you act immediately. The LT11 Notice is the last notice that the IRS will send a taxpayer before it begins to seize their property to pay an unpaid tax debt.  

The LT11 Notice 

An LT11 Notice should have a large statement in bold, reading the following: “Intent to seize your property or rights to property.” It will also include, in the same large bold font, the total amount due.

The notice will also state the original unpaid tax amount, the interest and penalties, and the current balance.  

The form will also list the types of assets that the IRS may take to satisfy the unpaid taxes, such as salary, bank accounts, as well as business and personal assets—including a taxpayer's home and car. 

What Happens After the LT11 Notice 

The taxpayer has 30 days from the notice's date to act before the IRS begins to seize the taxpayer's property. 

If the taxpayer disputes the amount the IRS claims is due, the taxpayer can request a Collections Due Process hearing and challenge the amount in tax court. 

If taxpayers agree that they owe the amount and can pay the amount in full within the month, they can avoid any additional interest and penalties. 

If the taxpayer doesn't dispute the amount due, but they can't pay it right away, all is not lost. It's still possible to work out a payment plan or even an offer-in-compromise—to negotiate a new amount that the taxpayer can pay. 

But time is of the essence. Once the 30 days have expired, the IRS can begin seizing the property, and the taxpayer will, in most cases, have waived their ability to challenge these seizures. 

That's why, if you have received an LT11 notice or another notice regarding an outstanding tax debt, contact a tax attorney as soon as possible. If you need help, call Senior Partner, Tax Controversy Attorney, and former IRS attorney Brandon A. Keim at (602) 200-7399 or contact him online to discuss your options.