IRS Notices Explained: What to Do When You Receive a CP501 or CP504

The IRS Doesn’t Forget If you’ve received an IRS letter in Lake Mary, you know the anxiety that follows. Two of the most common notices are the CP501 and the CP504, and they escalate quickly if ignored. CP501: First Reminder The CP501 Notice is the IRS’s first formal reminder that you owe taxes. It lists […]