Your CP501 Notice: Explained
What it's saying:
This informs you that you have a balance due (money you owe to the IRS) on one of your tax accounts.
How to resolve it:
Read this notice carefully as it should answer your initial questions. It will tell you your due date, amount due, and offer payment options for you. You must make your payments by the due date, or set up a payment plan if you cannot pay in full.
If you have back taxes call one of our experts at 833-419-RISE(7473). They can guide you through the process and get you back on track.
Learn how easy it is to qualify for tax savings.