Your CP504 Notice: Explained

What it's saying:

By the time you are mailed this notice, you should have already received plenty of previous notices from the IRS, such as the CP501/502 and CP503, which instruct you to take action on your back taxes.

The CP504 is your final notice to pay of your amount before consequences are made by the IRS.

How to resolve it:

When dealing with the CP504, there is a very important decision to be made; take the necessary actions to pay off your tax debt, or face collection protocols from the IRS.

Paying off the entire amount owed will and cease any more threats or penalties from the IRS. If you cannot pay the full amount, you can still set up a repayment plan, but your chances of getting approval dramatically diminish with each day that passes.

If you feel the amount the IRS claims you owe is incorrect, you can still contact the IRS about the matter and appeal it over the phone.

Recommended options:

Learn more on how you can set up an Installment Agreement or apply for an Offer in Compromise.

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.

Related forms:

CP10

CP11

CP12

CP14

CP23

CP24

CP49