Glossary

CP504B Notice

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The CP504B notice is sent by the IRS to notify taxpayers that the agency intends to levy federal payments, such as Social Security or other government benefits, to satisfy unpaid taxes. This notice serves as a warning that further enforcement actions will be taken if the taxpayer does not resolve the debt.

Key points in CP504B:

It specifies the amount owed, including any penalties and interest.
The IRS informs the taxpayer that they will levy federal payments unless the debt is paid or a payment arrangement is made.
Taxpayers can still request an appeal or set up an Installment Agreement to avoid the levy.

This notice is one of the last steps before the IRS takes enforcement actions, so it’s critical that taxpayers respond immediately to prevent the levy from being issued.

Recommendation

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