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Keep a copy of all notices or letters with your tax records for later use.
The purpose of ftc warning letters is to warn companies that their conduct is likely unlawful and that they can face serious legal consequences, such as a federal lawsuit, if they do not immediately stop.
Some taxpayers have received fraudulent letters claiming the state will seize their assets and property for unpaid taxes unless payment is made within seven days. Here are some tips on spotting a fake irs letter and protecting yourself and your business from tax scams