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IRS CP504 Notice: Intent to Levy and Your Options

Learn what an IRS CP504 Notice means, its consequences, and your options to avoid levies, wage garnishment, or asset seizure.

Frequently Asked Questions

What is the CP504 notice?

The CP504 notice is a formal communication from the IRS that informs taxpayers of their outstanding tax debt and the IRS’s intent to levy to collect that debt.

How much time do I have to respond to a CP504 notice?

Typically, you have 30 days from the date of the notice to respond and take action to address the tax debt.

Can I negotiate the terms of an installment agreement after receiving a CP504 notice?

Yes, you can negotiate the terms of an installment agreement with the IRS, but it’s advisable to do so promptly to prevent levies.

What happens if I don't respond to a CP504 notice?

If you do not respond or take action to address your tax debt, the IRS may proceed with enforcement actions, including levies on your assets and wage garnishment.

Can I appeal a CP504 notice?

Yes, you have the right to appeal a CP504 notice if you believe there are errors or discrepancies in the notice.

Can I qualify for an Offer in Compromise (OIC) after receiving a CP504 notice?

Yes, you can still explore the possibility of an OIC even after receiving a CP504 notice, but it’s essential to meet the stringent eligibility criteria for the OIC program.

This article was reviewed for legal accuracy by Parham Khorsandi, Esq., founding attorney at Victory Tax Lawyers, LLP and a licensed member of the California State Bar (Bar No. 266658), with a nationwide IRS tax-relief practice.

Last reviewed: June 2026  ·  Meet our attorneys →

Attorney Advertising. Prior results do not guarantee a similar outcome. This page is for informational purposes only, does not constitute legal advice, and does not create an attorney-client relationship. For advice about your specific situation, please schedule a consultation.

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