Nicholas Frey

Receiving a letter from the IRS is never a comfortable experience—but not all notices are created equal. IRS Letter 1058 is one of the most serious notices a taxpayer can receive. Understanding what it means and how to respond can make the difference between resolving your tax issue and facing enforced collection actions such as wage garnishment or bank levies.

What Is IRS Letter 1058?

IRS Letter 1058 is formally titled:

“Final Notice of Intent to Levy and Notice of Your Right to a Hearing.”

This letter is issued after the IRS has already sent multiple prior notices regarding an unpaid tax balance. It represents a critical turning point in the IRS collection process.

At this stage, the IRS is no longer simply requesting payment; it is preparing to seize your assets to satisfy the debt.

In plain terms, Letter 1058 means:

You have an outstanding tax debt
Prior notices (such as CP14, CP501, CP503, and CP504) have gone unresolved
The IRS now intends to enforce collection through levy action
A levy is the legal seizure of property. This can include:
Bank account freezes
Wage garnishments
Seizure of business assets
Taking Social Security benefits

In extreme cases, seizure of vehicles or real property

This is not a warning; it is the final step before enforcement begins.

One of the most critical aspects of Letter 1058 is the 30-day response period.

From the date of the notice, you have 30 days to take action before the IRS can legally proceed with levy action.
During this time, you have the right to request a:

Collection Due Process (CDP) Hearing
A CDP hearing allows you to:
Challenge the IRS’s proposed levy
Propose alternatives (installment agreement, Offer in Compromise, CNC status)
Raise defenses or dispute the liability (in limited circumstances)

If requested timely manner, levy action is generally suspended while your case is under review.
If you miss this deadline, your options become significantly more limited.
Why You Received Letter 1058

Letter 1058 is not sent randomly. It is issued when:

You have an unpaid tax balance
The IRS has already attempted to collect through prior notices
The IRS has not received payment or a meaningful response
At this point, the IRS has satisfied its legal requirements under IRC § 6331 and is authorized to move forward with enforced collection.

Ignoring Letter 1058 can have serious consequences.

After the 30-day window expires, the IRS may:

Levy your bank account (freezing funds for 21 days before seizure)
Garnish wages continuously
File or enforce a federal tax lien
Seize certain assets
The IRS moves from asking for payment to taking payment.

What Should You Do If You Receive Letter 1058?

Immediate action is critical. Depending on your situation, options may include:

Requesting a CDP hearing (Form 12153)
Setting up an installment agreement
Applying for Currently Non-Collectible (CNC) status
Submitting an Offer in Compromise
Disputing the liability where appropriate

The earlier you act, the more options remain available.

When you receive IRS Letter 1058, you are no longer in the early stages of a tax issue; you are facing imminent enforcement. This is where experienced legal representation becomes essential.

Frey Law Firm focuses on IRS collections and tax controversy matters, helping taxpayers navigate complex situations like:
Stopping levies and wage garnishments

Preparing and submitting Collection Due Process hearing requests
Negotiating installment agreements and settlements
Securing hardship relief such as CNC status
Analyzing IRS transcripts and identifying procedural defenses

Most importantly, Frey Law Firm understands the urgency and strategy required at the Letter 1058 stage. This is not the time for guesswork; this is the time for decisive, informed action.

IRS Letter 1058 is one of the most important and time-sensitive documents you can receive from the IRS. It signals that the government is prepared to take your assets if the issue is not resolved quickly.

However, it also represents an opportunity.

With the right action and the right representation, you can stop enforcement, protect your assets, and resolve your tax liability on manageable terms.
If you’ve received IRS Letter 1058, do not wait.

Contact Frey Law Firm today to evaluate your options and take immediate steps to protect your financial future.