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This is the IRS's second reminder. The next notice (CP504) is your final warning before the IRS begins seizing your assets.

IRS Notice CP503 is the second reminder notice sent after CP501. This notice means:
⚠️ You're One Step Away From Levy
After CP503, the IRS sends CP504 - Final Notice of Intent to Levy. Once you receive CP504, you have only 30 days before the IRS can seize your bank accounts, wages, and property.
Balance due - 21 days to respond
Sent 30 days after CP14 - 10 days to respond
Sent 30 days after CP501 - Last chance before CP504
Intent to levy - 30 days before asset seizure begins
Hear It From Our Customers: Don't Just Take Our Word for It
I received multiple letters from the IRS. I called FreshRelief. With patience, they explained and answered all my questions. They were able to settle my tax issues and relieved the stress I've been feeling for years. I recommended a few friends from out of state to them. They made the process simple and easy. I'd like to thank FreshRelief for this.
I knew I had to face reality and take control, but I didn't know how. I was spending time I didn't have trying to reach a human to explain my situation. The letters just kept coming with words I didn't understand. The IRS forms were too much. THANK YOU, FRESHRELIEF, for saving me.
My husband passed away and we owed the IRS a lot of money. Dealing with trying to get a person to help me at the IRS was a joke and caused me great anxiety. I had no idea where to begin but thanks to FreshRelief, they stayed by my side the whole way. There's no way I'd be able to handle these tax problems alone.