What this letter means
A CP14 is the first bill the IRS sends for a balance due. It says you owe tax for a certain year, and it asks you to pay by the date on the letter.
The amount often includes tax, interest, and penalties. If you pay in full by the due date, no more interest builds up. After that date, interest and a late payment penalty keep growing.
How urgent is it?
It’s not an emergency yet, but don’t set it aside. This is the best time to act. You have the most time, and nothing has been taken.
If you ignore it, more letters will follow. Each one gets more serious. In time, the IRS can file a public claim on your property, or take money from your paycheck or bank.
What we do
We check the amount first. A CP14 can be wrong. Maybe a payment went to the wrong year, or a penalty should come off. If the number is wrong, we work to fix it before you pay a dime more than you should.
We look at the whole picture. Are other years open? Are any returns missing? We find out, so there are no surprises later.
We find the right way out. That could be correcting the bill, removing penalties, or a payment plan you can keep, built on your real numbers.