What Should I Do if I’ve Received a CP504 Notice?
Receiving a CP504 notice from the IRS is a serious matter that requires prompt action to avoid potential consequences.
Understanding the CP504 Notice
The CP504 notice is an official warning from the IRS regarding unpaid taxes. It serves as a final notice before the IRS takes stricter actions, such as placing a lien on your property, garnishing your wages, or intercepting federal payments to satisfy the debt.
What to Do When You Get a CP504 Notice
When you receive a CP504 notice, it’s crucial to take immediate steps to safeguard your finances:
Read Carefully: Carefully review the notice to understand the amount owed, the deadline for payment, and the potential consequences of non-payment.
Check Your Finances: Assess your financial situation to determine how much you can realistically afford to pay towards the debt.
Talk to the IRS: Contact the IRS to explore payment options, such as setting up installment plans, or inquire about the possibility of settling the debt.
Seek Professional Help: Dealing with IRS debt can be complex, so consider seeking assistance from experts like Jennifer Walker at Walker Tax Relief. They can provide guidance and negotiate with the IRS on your behalf.
Act Quickly: Don’t delay in responding to the CP504 notice. Acting promptly increases your chances of avoiding severe consequences.
Why Choose Walker Tax Relief?
At Walker Tax Relief, Jennifer Walker and her team specialize in assisting individuals with IRS tax problems. They offer personalized advice and effective strategies to help you resolve your tax issues.
Don’t face the IRS alone.
Take action now to address your CP504 notice.
Contact Walker Tax Relief today for a free consultation!
