Does the IRS notify you before a levy?

Question

I made some mistakes (my fault) and although the IRS seems satisfied with my return i am fairly certain I owe them money.
I plan to approach them and will do so with help from a CPA.
In the meantime can they freeze my accounts with no notice or dunning letter?

Answer 1

The IRS is required to give you written notice of their intent to seize your assets.

From another question you posed, I want to add that you can go back as many years as necessary to correct mistakes. The IRS will accept amended returns for any prior years.

Your CPA can look over your returns and make those amendments as needed. It would be better to do this than worry and wait.

Answer 2

If you are aware of mistakes that would result in more tax being due it would be wise to file an amendment (1040X) ASAP. That will generally avoid penalty and interest on the additional amount. As to the question of a levy being filed, you would normally receive several notices before the process goes to levy. The process and number of notices would be dependent on the nature of the error made in the original return. It is equally true that the nature of the error would influence how quickly if ever the IRS would find those errors.

Answer 3

They only levy as a last resort, and you'd be notified before they did.

Answer 4

they always notify you.