IRS Notice CP187 – Reminder of Overdue Taxes

Your business has an unpaid balance that is due.

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Type of Notice: Unpaid balance

Most common tax problem area: Unpaid business taxes

Other tax problem areas: Business tax penalties

Why you received IRS Notice CP187

  1. You filed a business tax return that resulted in a balance due.
  2. The balance remains unpaid.
  3. The IRS sent CP187 as an annual reminder of your total unpaid balance. Unless you have already contacted the IRS about your unpaid balance, you need to contact the IRS to make arrangements to pay the balance due.

Your options to address IRS Notice CP187

  1. Dispute the taxes you owe
  2. Dispute the penalties
  3. Make arrangements to pay

Notice deadline: 21 days

If you miss the deadline: Penalties and interest will continue to accrue. If you have not contacted the IRS about your unpaid balance, the IRS may file a Notice of Federal Tax Lien or issue a levy against bank accounts or other assets.

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