Have you ever received a letter regarding your tax return from the Internal Revenue Service (IRS)? doesn’t exactly create a warm, fuzzy feeling. In fact, IRS correspondence often conjures up a feeling of dread, some of which is not warranted. The first actions to take when receiving such a letter are to remain calm and read the correspondence. Ignoring it is the most common way to create an even greater issue.
Letters from the IRS generally fall into the following categories:
– Request additional information
– Refund due
– Notification of an adjustment on your return
– Address change confirmation
– Appointment scheduled for an audit.
– Certified letter (Most common are notice of demand for payment, tax lien, or levy)
In my experience, approximately 90% of correspondence received by my clients can be handled with no money ever being paid to the IRS.
Keep in mind that the IRS never initiates correspondence with taxpayers via e-mail. There have been fraudulent attempts to extract personal information under the disguise of collecting information “from the IRS.” This year has been an especially bad year, with fraudulent e-mails soliciting information by promising tax refunds.
If you have worked with a tax professional, promptly contact him/her upon receipt of correspondence and before you directly respond. A tax professional is familiar with the IRS and can help you more effectively.
I advise my clients to never ignore an IRS notice, but also to not immediately assume that the IRS notice is correct. Certified letters are serious and normally is an indication the IRS is about to take some action against you. I have my clients send me any correspondence they receive from the IRS immediately.
For more information on IRS Resolution, call 770-575-9737.