The Internal Revenue Service (IRS) sends various types of notice letters to taxpayers to communicate information about their tax accounts and to request additional information or payment. Some of the most common types of notice letters include:
CP 14: This notice is sent when the IRS has made a change to a taxpayer's account and requests payment of the balance due. This is the first step in the collection process and represents your best opportunity to get ahead of this problem.
CP 501: This is a follow-up to the CP 14 and a reminder to you that the IRS is not going away. Another great opportunity to get ahead of this issue.
CP 503/CP 504: So now the IRS is stepping up their game, grabbing you by the collar in order to get your attention. This notice is sent when the IRS intends to seize a taxpayer's property, such as a car or house, to collect a tax debt.
NOTE - The IRS DOES NOT want your house, to audit you, to garnish your wages or to levy your bank account. They want you to pay your taxes in some regular fashion, or to understand why you are financially unable to pay.
CP 90/CP 297: This notice is sent when the IRS is proposing to levy a taxpayer's property, such as wages or bank accounts, to collect a tax debt. Respond to this Notice Immediately!
It is important to respond to these notices promptly and carefully, as they may request important information or payment, and failure to respond could result in additional enforcement action by the IRS. If you receive a notice from the IRS and are unsure of how to respond, it may be helpful to consult with a tax professional.
You can find the Notice Number in the upper right hand corner.
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