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If you've received the CP504 Notice from the IRS in the mail, you might be wondering what it is and what to do about it. The CP504 Notice is the IRS' Notice of Intent to Levy. Learn more about the CP504 Notice and what to do if you receive a CP504 Notice from the IRS in this video!
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Table of Contents:
0:00 IRS Notice CP504: "Notice of Intent to Seize (Levy) Your Property or Rights to Property"
0:20 Why Does the IRS Send Notice CP504 Via Certified Mail?
1:48 Can the IRS Levy You After Sending You Notice CP504?
3:27 CP504 Basic Information
3:57 Part 1: Billing Summary and Notice
5:08 Part 2: What the IRS Wants You To Do
6:29 Part 3: Information About the IRS Passport Program
7:49 Part 4: Payment Options
9:03 Part 5: What the IRS Will Do If You Don't Respond (Levy, Lien, Etc.)
11:04 Part 6: Penalty Information
14:01 Part 7: Interest Information
14:28 Part 8: Additional Information
14:46 Why Did You Receive IRS Notice CP504?
15:57 What You Should Do If You Receive a CP504 Notice
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