Your CP503 Notice: Explained
What it's saying:
This notice alerts you that you have not followed up from the previous letters and that you will only have 10 days to comply before future negligent actions are taken.
Upon receiving this notice, you have a few options but it is imperative you act immediately.
How to resolve it:
The first and most beneficial option is by paying the total owed amount in full. Paying your account off will not only eliminate your tax debt but will prevent future damages to be collected.
If you cannot pay your balance in its entirety, you can opt-in for a repayment plan that allows you to pay a partial amount of your debt every month. If this feels like the best option for you, do not wait until your 10 days are over; contact the agency immediately.
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.