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IRS CP71 Notice – What It Means and What You MUST Do Now
Video Transcript
Received an IRS CP71 notice in the mail. It's a reminder that your tax debt is still outstanding and if ignored, the consequences can be severe. Here's what you need to do now. The IRS CP71 notice is an annual statement sent to remind taxpayers of unpaid balances. It's often a precursor to aggressive collection actions like liens or levies. If you don't act, interest and penalties will continue to grow. Worse, the IRS may garnish wages, freeze bank accounts, or seize property. Here's what to do if you received an IRS CP71 notice. Review the notice for accuracy. Contact the IRS to discuss payment options. Seek professional help to explore solutions like Offer in Compromise or installment agreements. Don't wait for collections to start. Call Victory Tax Lawyers at 866-938-6918 or visit victorytaxlaw.com for immediate assistance.
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Attorney-Reviewed Content
This content was written and reviewed by the licensed tax attorneys at Victory Tax Lawyers, LLP. Our attorneys specialize in IRS tax relief and are licensed members of the California State Bar with a nationwide practice.
Last Reviewed: 2026 · Meet Our Attorneys →