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FINAL NOTICE

IRS Notice CP503: Final Notice - Intent to Levy

This is your final notice before the IRS begins seizing your assets. You have 30 days to respond or the IRS can levy your bank accounts, wages, and property.

URGENT: Asset Seizure Imminent

The IRS can begin seizing your assets 30 days after this notice date. This includes:

  • • Bank account levies (freezing all your money)
  • • Wage garnishments (taking money from your paycheck)
  • • Property seizure (your home, car, business assets)
  • • Asset forfeiture (investments, retirement accounts)

What Does CP503 Mean?

The CP503 notice is the IRS's final warning before they begin forced collection actions. This notice means:

  • You ignored previous notices (CP14 and CP501)
  • Your tax debt has grown significantly with penalties and interest
  • The IRS will begin seizing assets unless you act immediately
  • You still have rights to a Collection Due Process hearing

Emergency Response Options

Option 1: Pay Immediately (Stops All Collection)

  • • Pay the full amount to immediately stop all collection actions
  • • Use IRS.gov for fastest processing
  • • Call the number on your notice to confirm payment
  • • Get confirmation receipt for your records

Option 2: Emergency Payment Plan

  • • Contact the IRS immediately to set up payments
  • • May require substantial down payment
  • • Stops levy action once agreement is in place
  • • Default on plan resumes collection immediately

Option 3: Request Collection Due Process Hearing

  • • File Form 12153 within 30 days of this notice
  • • Temporarily stops collection while hearing is pending
  • • Independent review of your case
  • • Can propose alternative collection methods

Option 4: Get Professional Representation

  • • Tax professionals can negotiate on your behalf
  • • Explore all possible settlement options
  • • Handle Collection Due Process hearing
  • • Protect your rights throughout the process

Your Taxpayer Rights

Collection Due Process (CDP) Rights

Even at this stage, you have important rights:

  • • Right to an independent hearing before an IRS Appeals Officer
  • • Right to propose alternative collection methods
  • • Right to challenge the amount owed
  • • Right to representation by a tax professional
  • • Right to appeal the hearing officer's decision to Tax Court

Important Deadline:

You must request your CDP hearing within 30 days of this notice date.

What Happens Next?

If You Do Nothing:

Day 31: Levy Action Begins

IRS can seize bank accounts, wages, and property

Ongoing: Asset Seizure

Continuous garnishments and levies until debt is paid

Future: Credit Damage

Federal tax lien filing damages credit for years

If You Take Action:

Immediate: Stop Collection

Payment or agreement stops all levy actions

Protection: Keep Your Assets

Proper response protects your property and income

Resolution: End the Problem

Professional help can resolve this permanently

This Is An Emergency - Get Help Now

A CP503 notice means you're 30 days away from asset seizure. Don't lose your home, car, or life savings. Our emergency tax resolution team is standing by to protect your assets.

Emergency services we provide:

Immediate levy release procedures
Emergency payment plan negotiation
Collection Due Process representation
Asset protection strategies
Offer in Compromise applications
24/7 emergency response team