Question 1

What does a CP504 notice mean?

Accepted Answer

A CP504 is a reminder notice from the IRS indicating you owe back taxes. You have 10 days to remit payment in full or face penalties and interest.

Question 2

What is an LT11 notice?

Accepted Answer

An LT11 is a notice of intent to levy. It means the IRS is preparing to garnish your wages, seize your assets, or freeze your bank account.

Question 3

What does CP2000 mean?

Accepted Answer

A CP2000 notice means the IRS found income on your tax return that doesn't match the income documents they received from employers or financial institutions.

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