About 10 days after you receive the gentle tap on your shoulder that you owe taxes and the Service is onto you (CP14 Letter), you will receive a CP501 Letter. On the continuum of IRS scary letters, it's like someone turned up the heat in the room to 75 degrees. In other words, it's getting warm, but not uncomfortable. Here is what it looks like:
It is not dire yet. You need to pay your taxes or explore a collection alternative. Call Travis Watkins at 1-800-721-7054 today to find out more.