Illustrative example Not a real client engagement. Every name, EIN, notice, balance, and date below is fabricated to demonstrate the format of Green's §6321 / §6331 Collections Relief deliverable. No Social Security numbers appear; this does not describe an actual taxpayer, balance, or IRS collection action.
Working paper · §6321 / §6331 Collections Relief

Lien & Levy Relief and Resolution Memo

Final Notice — CDP window
Client
[Example: Cascade Coast Cannabis LLC]
Related party
[Example: A. Rivera] — personal TFRP balance
Engagement
§6321 / §6331 Collections Relief — representation
Balances at issue
Assessed §280E deficiency + §6672 TFRP (illustrative)
Prepared by
Jamie Williams, EA — Enrolled Agent
Representation
Form 2848 filed
Status
Letter 1058 (Final Notice of Intent to Levy) issued; 30-day CDP window running
License posture
Posture-neutral — collection procedure is the same for any taxpayer
Parties & balances in scope
PartyIdentifier (example)Balance sourceCollection status
Cascade Coast Cannabis LLCEIN 88-0000010Assessed §280E income-tax deficiencyNFTL filed; Final Notice issued
[Example: A. Rivera]SSN redacted§6672 trust-fund recovery penaltyBalance assessed; collection pending

Engagement routing. Tier: Active collection — representation · Posture: Posture-neutral · Active IRS matter: Yes — §6321 lien (NFTL filed) + §6331 Final Notice of Intent to Levy · Services indicated: §471-11 / §280E COGS Review (reduce the underlying balance) · §6050I Cash Compliance

Prepared for the named taxpayer under a representation engagement (Form 2848). This example is illustrative and does not constitute tax or legal advice to any reader; no client relationship is created by viewing it, and it describes no real balance or IRS collection action. Collection relief is driven by the taxpayer's verified financial condition; nothing here is a promised outcome. The Collection Due Process deadline is treated as a hard clock.

02 · Executive Summary

Stop the levy, then resolve the balance

A federal tax lien has arisen under §6321 and a Notice of Federal Tax Lien is filed under §6323; the IRS has issued the Final Notice of Intent to Levy under §6331, opening a 30-day Collection Due Process window under §6330. The immediate move is to timely request a CDP hearing — which suspends levy — then propose a resolution on a verified Form 433 financial picture: an installment agreement (§6159), an offer in compromise (§7122), or currently-not-collectible hardship status.

Key move — illustrative

File the Form 12153 CDP request inside the 30-day window to stop the levy and preserve Tax Court review; then let the cash-flow snapshot pick the path. Because much of the underlying balance traces to an overstated §280E position, the durable relief is often reducing the liability at its root (COGS Review), not just restructuring it.

03 · Facts

The balance and where collection stands

Facts below are fabricated for illustration; a real matter is built from the account transcripts, notices, and a verified financial statement.

Taxpayer summary

A single-location California operator carrying an assessed federal income-tax balance from a §280E adjustment, with a related trust-fund recovery penalty against an individual. Cash-intensive operations and limited banking make levy exposure on receivables and accounts a live concern.

Notice history

Balance-due notices, then the Notice of Federal Tax Lien (§6323), and now the Letter 1058 / LT11 Final Notice of Intent to Levy — the notice that starts the CDP clock (Exhibit A logs the full chronology and deadlines).

Account balance summary

Balance by period and type (tax, penalty, interest), tied to the IRS account transcript. Part of the balance is the disputed §280E deficiency; part is the TFRP. Correctly separating them drives which relief tools apply to which party.

Collection status

Lien filed; Final Notice issued; no levy yet. The 30-day CDP window under §6330 is running — the single most important date in the file.

Financial hardship facts

Thin margins, seasonal cash flow, and secured obligations limit ability to pay. The monthly cash-flow snapshot (Exhibit D) and asset summary (Exhibit C) are the evidence for hardship-based relief.

Supporting documents

Account transcripts, the NFTL, the Final Notice, bank and loan statements, and a completed Form 433-A / 433-B Collection Information Statement — the financial disclosure every resolution path is built on.

04 · Analysis

Exposure, options, and the path

Levy / lien exposure (§6321 lien, §6331 levy)

The §6321 lien attached to all property on assessment plus notice and demand; the §6323 NFTL perfects the IRS's priority against other creditors and clouds title and financing. The §6331 levy power reaches bank accounts, receivables, and other property once the Final Notice period runs — but a timely §6330 CDP request suspends levy while the matter is heard. Lien relief (withdrawal, discharge, or subordination under §6323(j) / §6325) is addressed separately from stopping the levy.

Available relief options

  • CDP hearing (§6330) — Form 12153 within 30 days; suspends levy, preserves Tax Court review, and is the forum to propose alternatives.
  • Installment agreement (§6159) — full-pay or partial-pay (PPIA) based on ability to pay.
  • Offer in compromise (§7122) — doubt as to collectibility (Form 656 + 433-A(OIC)/433-B(OIC)), where reasonable collection potential is below the balance.
  • Currently not collectible — hardship status where the financials show no ability to pay after necessary expenses.
  • Levy release (§6343) — including release for economic hardship if a levy has issued.
  • Lien subordination / discharge (§6325) — to enable financing or a sale that ultimately pays down the balance.
Posture-neutral — but the balance often traces to §280E

Collection procedure is posture-neutral — lien, levy, and CDP work the same for any taxpayer, cannabis or not. What is cannabis-specific is the friction: cash-intensive operations and limited banking make levies on accounts and receivables especially disruptive.

The durable relief is at the root. Where the assessed balance rests on an overstated §280E position, reducing the liability through a COGS Review (or, for open years, a defensible correction) does more than restructuring ever can. A move to Schedule III lowers future balances but does not erase an already-assessed one — so the assessed balance is worked through collection tools, not assumed away.

Recommended resolution path

Immediate: file the CDP request to stop the levy and preserve review. Then, on the verified 433 picture: pursue a partial-pay installment agreement or currently-not-collectible status given the hardship facts, evaluate an OIC if reasonable collection potential is genuinely below the balance, and seek lien subordination where it unlocks financing that pays the balance down. Run the COGS Review in parallel to shrink the underlying §280E liability.

05 · Issues

Collection issue register

Each item lists the controlling authority and posture. Conclusions are illustrative and not asserted; a real matter turns on verified financials. Bands are order-of-magnitude illustrations.

IssueControlling authorityIllustrative exposurePosture
Final Notice of Intent to Levy — CDP windowIRC §6331; §6330; Form 12153Levy imminent if missedAct now
Filed Notice of Federal Tax LienIRC §6321; §6323Clouds title / financingSubordinate
Ability to pay (resolution path)IRC §6159; §7122; Form 433Drives IA vs OIC vs CNCAnalyze
Underlying §280E balance overstatedIRC §280E; §1.471-11 (COGS Review)Root-cause reductionReduce
Levy on receivables / bank accountsIRC §6331; §6343 releaseCash-flow disruptionRelease
Related personal TFRP balanceIRC §6672; §6321 / §6331Separate collection trackCoordinate
06 · Recommendations

Resolution path, deadlines, and follow-ups

Owners and targets are placeholders; the 30-day CDP window is the hard clock.

StepWhyOwnerDeadline
File Form 12153 CDP request (§6330)Suspend levy; preserve Tax Court reviewJ. Williams, EA[within 30 days of Letter 1058]
Complete Form 433-A / 433-BFinancial basis for every resolution pathEA + client[+14 days]
Select path: PPIA (§6159) / OIC (§7122) / CNCMatch ability to payJ. Williams, EA[+30 days]
Request lien subordination / discharge (§6325)Unlock financing to pay down balanceJ. Williams, EA[as needed]
Run §471-11 / §280E COGS ReviewReduce the underlying assessed liabilityJ. Williams, EA[parallel]
Coordinate the related TFRP collectionSingle strategy across entity + individualJ. Williams, EA[ongoing]
07 · Exhibits

Supporting shells

Exhibit A — IRS notice chronology

Illustrative — collection notice timeline and deadlines
DateNoticeSignificanceDeadline
[date]Balance-due (CP14 / CP501)Assessment + notice and demand
[date]NFTL filed (§6323)Lien perfected; §6320 CDP right[+30 days for lien CDP]
[date]Letter 1058 / LT11 (§6331)Final Notice of Intent to Levy[+30 days CDP]

Exhibit B — Payment history

DatePayment / creditApplied toRunning balance
[date]$—[period] tax$—
[date]$—[period] penalty$—

Exhibit C — Asset summary

AssetValue (illustrative)EncumbranceLevy exposure
Operating bank account$—High
Accounts receivable$—High
Equipment$—Secured loanMedium

Exhibit D — Monthly cash-flow snapshot

Illustrative — the Form 433 ability-to-pay picture
LineMonthly amount (illustrative)
Net business income$—
Necessary operating expenses$—
Allowable living / owner draw$—
Net available to IRS$— (drives IA / OIC / CNC)

Exhibit E — Resolution options matrix

Illustrative — which path fits which financial picture
OptionAuthorityFits whenFit
Partial-pay installment agreement§6159Some monthly ability to payLikely
Currently not collectibleHardship (Form 433)No ability after necessary expensesPossible
Offer in compromise§7122Collection potential below balanceEvaluate
Full-pay / short-term§6159Liquidity availableUnlikely
08 · Signoff

Findings, actions, and what's open

Key findings
  • Lien filed (§6321 / §6323); Final Notice of Intent to Levy issued (§6331).
  • The 30-day §6330 CDP window is the controlling deadline.
  • Resolution path is driven by the verified Form 433 picture.
  • Much of the balance traces to an overstated §280E position.
Action items
  • File Form 12153 CDP request to suspend levy.
  • Complete Form 433-A / 433-B.
  • Select PPIA / OIC / CNC on the financials.
  • Run the COGS Review to reduce the balance at root.
Deadline reminders
  • 30-day CDP window (Letter 1058) — hard clock.
  • Lien CDP window (§6320) after NFTL filing.
  • Resolution submission dates once path is set.
Pending client support
  • Account transcripts + copies of all notices.
  • Bank / loan statements and receivables aging.
  • Completed Collection Information Statement.
Prepared by: Jamie Williams, EA Representation: Form 2848 on file Next deadline: [Letter 1058 + 30 days]
A levy is stoppable — if you move in time

Facing an IRS lien or levy?

A licensed Enrolled Agent files your Collection Due Process request to stop the levy, builds the Form 433 picture, and matches you to the right resolution — installment agreement, offer in compromise, or hardship status — while working to reduce the underlying §280E balance at its root. Start with a consult.

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