things to do when receive an irs notice
TRANSCRIPT
What To Do When You Receive An
IRS NoticeTips for Taking Action after Finding an IRS Notice in Your
Mailbox
Works Cited: Wood, Robert. “Ten Key Tips How To Respond To An IRS Notice." Forbes. Forbes.com LLC, 20 April 2015. Web. 12 May 2015. <http://www.forbes.com/sites/robertwood/2015/04/20/ten-key-tips-how-to-respond-to-an-irs-notice/>.
Understand You Are Not Alone
Every year the IRS sends out millions of letters and notices. While it may feel like the IRS is picking on you, remember that millions
of other taxpayers are experiencing tax issues too.
Don’t Panic
Finding an letter from the IRS in your mailbox isn’t exactly on most people’s wish lists, but don’t panic! First, open the
envelope–don’t assume it’s bad news. Not every envelope from the IRS is a bill or notice of audit. Many IRS letters and notices
can be dealt with simply and painlessly.
Read Carefully
This seems obvious, but many of us don’t always read carefully enough. There are many reasons the IRS sends letters and notices. The notice may request payment, notify you about a payment already made, notify you about change in your account, or be a request for additional information.
Follow Instructions and Keep Copies
Each letter or notice has specific instructions on it and gives a specific deadline for a response. Follow instructions and respond
appropriately. Where proof or further evidence is required, provide and attach it. Keep a copy of everything.
If You Need More Time, Ask
For many notices, the IRS will grant a reasonable extension of time to respond. In some cases, though, it legally can’t.
Check the IRS’ Information Against Your Own Files
If you receive a correction notice, review it and compare it carefully with the information on your tax return. Sometimes
even the IRS is wrong.
You May Not Need to Reply
If you agree with an IRS correction to your account, no reply is usually necessary–unless a payment is due. Sometimes the
notice will say that you will be billed.
Respond Appropriately
If you do not agree with the IRS correction or notice, it is important to respond by the deadline given. Explain why you disagree and include any documents and information needed to back up your claims. Mail the info to the IRS address shown in the upper left-hand corner of the notice.
For More DetailsVisit
www.taxassistancegroup.orgOr call
(855) 549-7829