Got a tax notice?

Here’s what to do if the IRS shows up in your mailbox.

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Receiving a notice from the IRS can be stressful, but understanding what it means and how to respond can make the process much easier.

Below is a list of the most common IRS notices, what they mean, and how TaxSolve can help you resolve them.

CP14 Notice

Why you got it: You either filed a tax return that had a balance due, or you didn’t pay your taxes by the due date.

How long you have to respond: 21 days

How TaxSolve can help: Our team can help you explore your resolution options, including applying for removal or reduction of penalties that may have been applied.

CP2000 Notice

Why you got it: The income you reported to the IRS and the information they received from third parties, like your job or bank, doesn’t match.

How long you have to respond: 30 days

How TaxSolve can help: Our team can review the notice, help you gather the necessary documents, and communicate with the IRS on your behalf to resolve the issue.

CP501 Notice

Why you got it: You have a balance due on your tax account, and the IRS is reminding you to pay it.

How long you have to respond: 21 days

How TaxSolve can help: We can assist you in setting up an IRS payment plan or exploring your resolution options, such as negotiating an offer in compromise to settle your tax debt for less than the full amount owed.

CP503 Notice

Why you got it: This is a second reminder from the IRS about an unpaid tax balance. The IRS may take further action if the balance is not paid.

How long you have to respond: 10 days

How TaxSolve can help: Our experts can help you navigate your options, communicate with the IRS, and ensure that your rights are protected throughout the process.

CP504 Notice

Why you got it: The IRS is notifying you of their intent to levy your assets (like your bank accounts or wages) if the tax debt is not paid.

How long you have to respond: 21 days

How TaxSolve can help: We can help you stop the levy with resolution options, like negotiating a payment plan or settling your debt through an offer in compromise.

Letter 1058 or LT11

Why you got it: These are the final notices you will receive before the IRS takes action to levy your assets or garnish your wages.

How long you have to respond: 30 days

How TaxSolve can help: We can help you dispute the levy or negotiate with the IRS to prevent it.

Frequently asked questions

Can I ignore an IRS notice?

No, ignoring an IRS notice can lead to additional penalties, interest, and even legal action. It’s important to respond promptly.

Get started

If you’ve received an IRS notice, don’t face it alone. Contact TaxSolve today for expert guidance and support!

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