IRS Notices & Letters
“What should I understand from a CP501 notice from the IRS?”
A CP501 notice is typically an early IRS balance reminder, so the main things to notice are the type of tax account involved, the amount the IRS says is still unpaid, and whether any prior notices may have already been sent. It often signals that the balance has not been resolved, but the exact meaning depends on the underlying return, payment history, and whether penalties or interest are being added. It is also helpful to review the notice carefully for matching Social Security numbers, tax periods, and contact information, since clerical issues or identity-related problems can sometimes appear in these letters. Going through your records with a CPA usually surfaces the answer in under an hour.
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.
“I received a CP501 from the IRS, what does it mean for me?”
“What is a CP501 IRS notice and what do I do?”
“I got an IRS CP501 letter; what does it mean?”
“I have a CP501 from the IRS, what is it about?”
“A tax preparer promised me a massive refund using a secret self-employment tax credit, am I legally liable for fraud if they falsify my return to get the money?”
“Someone filed a fraudulent unemployment claim using my social security number and I received a 1099-G, how do I prove to the IRS that I did not receive this money?”
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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