United States: have You Received An IRS CP504 Notice, Now What?

The CP504 Notice is a Notice of Intent to Levy issued pursuant to Section 6331(d) of the Internal Revenue Code.

The CP504 Notice is a Notice of Intent to Levy issued pursuant to Section 6331(d) of the Internal Revenue Code.

As described in §6331(d)(4), the CP504 Notice must contain certain information, including:

As described in §6331(d)(4), the CP504 Notice must contain certain information, including:

1. A brief explanation of provisions and procedures related to levy;

1. A brief explanation of provisions and procedures related to levy;

2. The administrative appeals available to the taxpayer with respect to such levy and sale and the procedures relating to such appeals;

2. The administrative appeals available to the taxpayer with respect to such levy and sale and the procedures relating to such appeals;

1. The alternatives available to taxpayers that could prevent levy on the property (including installment agreements under section 6159);

1. The alternatives available to taxpayers that could prevent levy on the property (including installment agreements under section 6159);

2. An explanation of provisions of the Internal Revenue Code and corresponding procedures relating to redemption of property and release of liens on property; 

2. An explanation of provisions of the Internal Revenue Code and corresponding procedures relating to redemption of property and release of liens on property; 

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