White mailbox with the number 20, surrounded by green foliage, symbolizing receiving IRS notices like CP501 and CP504.

When the IRS Comes Knocking

For taxpayers in Connecticut, nothing creates anxiety quite like an IRS notice. The CP501 and CP504 are among the most common — and they escalate quickly if ignored.

CP501: The First Reminder

This is often the IRS’s initial contact about your unpaid balance. It outlines how much you owe, due dates, and basic payment instructions. While it may seem mild, ignoring it will trigger harsher action.

CP504: The Final Notice

The CP504 is far more serious. It’s a Notice of Intent to Levy — meaning the IRS can seize your state refund and move toward other assets if you don’t act.

Consequences of Ignoring Notices

  • Liens on your home or property.

  • Garnishment of your wages.

  • Seizure of bank accounts.

Steps to Take Immediately

  1. Don’t panic, but don’t ignore it.

  2. Read the deadlines carefully.

  3. Explore payment options like installment agreements, Offers in Compromise, or hardship status.

  4. Get professional help to avoid costly mistakes.

Why It Matters in Connecticut

With high living costs and property values, liens or levies can devastate households. Waiting until garnishment begins leaves you with little leverage.

Rappaport Tax Relief helps Connecticut taxpayers respond to IRS notices before they escalate. Call today for a free consultation.