IRS Notices & Letters

“I received a CP504 from the IRS, what does it mean and what should I do?”

High urgencyQuick Question · 30 min · $95

A CP504 is an IRS balance-due notice that often indicates the agency believes a tax debt remains unpaid and that collection activity may be moving forward. The practical meaning can depend on whether the notice reflects an actual assessed balance, whether prior notices were sent, and whether any payments, installment arrangements, or disputes are already on file. It is also common to review the notice date, the tax periods involved, and whether the account matches your records, since errors or missing correspondence can affect the next steps. Sitting down with a CPA for thirty minutes is usually enough to draw a clean line on this.

In your 30-minute session, the KGOB advisor handling it will:

  • Read your exact situation and tell you, in plain English, what’s actually going on.
  • Lay out your options and the trade-offs — no jargon, no judgment.
  • Give you a clear next step you can act on, whether that’s with us or on your own.
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This page is a prompt to start a conversation, not tax or legal advice, and states no tax-law specifics as fact. A consult session does not by itself create an ongoing engagement. We do not promise specific outcomes or savings. Kohari Gonzalez Oneyear & Brown PLLC — Charlotte, NC.

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