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Focus on Taxation: IRS Puts Temporary Hold on Mailing Notices to Taxpayers with Balances Due

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Recently, the IRS has stopped mailing three types of notices: CP501, CP503 and CP504. These notices typically go to taxpayers who have a balance due on their taxes.
August 25, 2020

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Recently, the IRS has stopped mailing three types of notices: CP501, CP503 and CP504. These notices typically go to taxpayers who have a balance due on their taxes.

This adjustment is being put into place to ease any confusion that might come from delays processing correspondence from taxpayers associated with the backlog of mail from closed IRS operations due to COVID-19.

Taxpayers that received a CP14, Notice of Balance Due, and mailed a payment to the IRS should understand that their mailing may still be unopened. The IRS is assessing the current backlog of mail and will resume follow-up notices using CP501, CP503 and CP504, once appropriate.

Finally, the IRS has noted that payments will be credited to the date the IRS received them. Taxpayers should not cancel checks and make sure funds still remain available in their accounts as these payments are currently being opened and processed.

Learn more here.

 

Readers should not act upon information presented without individual professional consultation.

Any federal tax advice contained in this communication (including any attachments): (i) is intended for your use only; (ii) is based on the accuracy and completeness of the facts you have provided us; and (iii) may not be relied upon to avoid penalties.

 

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