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If you've received the CP503 Notice from the IRS in the mail, you might be wondering what it is and what to do about it. The CP503 Notice is the IRS's 2nd Notice of a Balance Due. Learn more about the CP503 Notice and what to do if you receive a CP503 Notice from the IRS in this video!
⬇️ Free E-Book:
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Table of Contents:
0:00 IRS Notice CP503: "2nd Notice of a Balance Due"
1:13 Why Did the IRS Send You a Notice CP503?
2:57 CP503 Basic Information
3:20 Part 1: Billing Summary
4:20 Part 2: What the IRS Wants You To Do
6:55 Part 3: Payment Options
7:27 Part 4: What the IRS Will Do If You Don't Respond
9:07 Part 5: Penalty Information
11:01 Part 6: Interest Information
11:15 Part 7: Additional Information
11:32 What You Should Do If You Receive a CP503 Notice
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