What To Do When You Receive an IRS Notice
Some IRS Notices and Letters are for informational purposes only, however others are instructional and may require strict response times. The following steps can be used to determine how to respond to an IRS Notice or Letter.
1. Immediately review the Notice to determine the nature and reason for the communication. Is the IRS simply confirming a recent change you made to your tax account, or is the IRS notifying you of its intent to levy your bank account unless you respond within 30 days?
2. Determine if a time frame to respond is given. Many IRS Notices and Letters require a 10-day or 30-day response.
3. Check the IRS website for more information on your Notice or Letter number (i.e. CP501, L1058). The Notice or Letter number can usually be found in the upper right-hand corner of each page. An explanation and list of common IRS Notices and Letters can be found here.
4. Most IRS correspondence contain a contact phone number on the top of the first page that you can call to respond. Whenever responding to the IRS, it is best to always contact the specific office or employee that issued the correspondence to you. By providing your Taxpayer Identification Number and Notice/Letter number, you should be able to secure enough information about your account that will allow you to make an informed decision on how to proceed.
For help with your IRS Notice or Letter, contact us today for immediate assistance.
Consultations with our former IRS Personnel and CPAS are always FREE and CONFIDENTIAL.
More Tax Tips