We have been paying on a big IRS tax debt with an installment agreement for over three years. I just got a CP522 notice from their Memphis office,...

We have been paying on a big IRS tax debt with an installment agreement for over three years. I just got a CP522 notice from their Memphis office, along with a Form 433-F. They're directing to me to fill out the form and call them no later than August 2nd. But they specifically say "Don't mail us this firm. You must call for this review." What should I do to make sure the IRS doesn't raise our monthly payment or cancel our agreement?

Good afternoon, Barbara:

Form 433-F asks about my small business loan(s) and our personal credit cards. Should I reduce the credit limits on my cards and close any paid off accounts before I call the IRS about this review? And would we be wise to reduce our business and personal checking accounts prior to that conversation? I am really having a hard time understanding why they don't want me to fill out the form first, send it in, and then have them call me. 

Thanks,

Bert

(Herbert Dean)

P.S. I am a 69-year-old guy with several health issues and I am gradually turning my business over to my son.

So you don't think they're trying to dramatically increase our payments or call the who debt due immediately?

"whole" (I should have taken typing instead of four years of French and Latin.)

Thanks, Barb.

I can breathe now...

Have a Great Day!

Bert