Wondering what IRS Notice CP14 means and what you should do next? CEO David King and Chief Tax Officer & Lead Tax Attorney Philip Hwang break down why the IRS issues this first bill for unpaid taxes, what information it includes, and why ignoring it can quickly lead to penalties and interest. Learn how IRS penalties and daily interest are calculated, how the 10-year Collection Statute Expiration Date (CSED) affects your tax debt, and what relief options may be available if you cannot pay in full.
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