If You Get an IRS Notice

It’s a moment many taxpayers dread. A letter arrives from the IRS — and it’s not a refund check. Don’t panic; many of these letters can be dealt with simply and painlessly.

 

Each year, the IRS sends millions of letters and notices to taxpayers to request payment of taxes, notify them of a change to their account or request additional information. The notice you receive normally covers a very specific issue about your account or tax return. Each letter and notice offers specific instructions on what you are asked to do to satisfy the inquiry. You should review the correspondence and compare it with the information on your return.

  • Agree? If you agree with the correction to your account, no reply is necessary unless a payment is due.
  • Disagree?  If you do not agree with the correction the IRS made, it is important that you respond as requested. Write to explain why you disagree. Include any documents and information you wish the IRS to consider, along with the bottom tear-off portion of the notice. Mail the information to the IRS address shown in the upper left-hand corner of the notice. Allow at least 30 days for a response.
  • Questions?  Most correspondence can be handled without calling or visiting an IRS office, if you follow the instructions in the letter or notice. However, if you have questions, call the telephone number in the upper right-hand corner of the notice. Have a copy of your tax return and the correspondence available when you call so your account can be readily accessed.

Sometimes, the IRS sends a second letter or notice requesting additional information or providing additional information to you. Be sure to keep copies of any correspondence with your records.

For more information about IRS notices and bills, see Publication 594, What You Should Know about the IRS Collection Process. Information about penalties and interest charges is available in Publication 17, Your Federal Income Tax. Both publications are available on this web site or by calling 800-TAX-FORM (800-829-3676).

Other information:

  • Publication 594, Understanding the Collection Process Publication 17, Your Federal Income Tax 

If you get an IRS Notice........What you need to know!!

 

 

Now contact our office by providing our office with a copy of the entire NOTICE.  We need to verify that this notice is correct as the IRS may not have your information or may need verification of some additional data to resolve your issue.  This is our job and we are willing to work with you and the IRS, NC Department of Revenue or other agency to resolve your issues.  Please do NOT expect us to make any adjustments or changes over the phone.  We need the original letter sent from the governmental office to work on your file.

 

 

 

 




This is a product of Pace Tax & Accounting, Inc.  Gastonia, NC  Contact Administrator @ www.dan@pacetax@.com