IRS CP14H Notice: Understanding Your Balance Due
Receiving an IRS CP14H notice means you have an outstanding tax balance that requires immediate attention. This guide will help you understand and resolve your tax situation.
The CP14H is a balance due notice sent when you have unpaid taxes from a previous tax return.
Key Features:
- Notification of current tax balance
- Payment deadline typically within 10 days
- Breakdown of taxes, penalties, and interest
- First step in IRS collection process
- Unfiled tax returns
- Underpayment of estimated taxes
- Tax return adjustments by IRS
- Previous payment issues
Days 1-10: Optimal payment period
Days 11-30: Additional penalties may apply
After 30 Days: Risk of liens and levies
1. Pay in Full: Stops all penalties and interest
2. Installment Agreement: Monthly payment plan
3. Currently Not Collectible: Temporary relief for hardship
4. Offer in Compromise: Settle for less than full amount
5. Dispute the Notice: If balance is incorrect
- Detailed notice analysis
- Custom resolution strategy
- IRS negotiation and representation
- Penalty abatement services
- Financial hardship assessment
Don't Let Your Tax Balance Grow Larger
Every day you wait costs you more in penalties and interest.
Call 972-519-0041 now for immediate assistance with your CP14H notice.