The Significance of CP501
A CP501 notice means you owe taxes—and the IRS wants a response. It’s the first step in a longer process that can get serious fast.
Why It Matters
Failure to act will trigger follow-ups like CP503 and CP504. By then, you’re at risk for collections. The CP501 is the best time to act on your terms.
Your Options
From affordable installment plans to hardship status, there are options available if you move quickly and strategically.
Support When You Need It
The team at McCauley Law Offices is here to help you assess your notice, make a plan, and deal with the IRS on your behalf.
Call today for a free consultation and get the answers you need.
