Receiving a notice from the Internal Revenue Service (IRS) can be an unsettling experience for any taxpayer. One of the types of notices the IRS sends is called CP14. This notice informs you about the unpaid tax amount due for…
An IRS Notice of Deficiency, also known as a "90-day letter," is a notice that no taxpayer wants to receive. It was sent to you because the IRS is proposing an increase to your taxes due to a mail or…
If you’re wondering what comes next when the IRS sends you to a private debt collector, the short answer is maybe nothing. The long answer is much more complex, but if you receive a CP40 Notice from the IRS, you…
The IRS has temporarily stopped the mailing of three collection notices – the CP501, the CP503 and the CP504 – that go to taxpayers who owe back taxes.
Have you received an IRS audit letter or notice and don’t know what you should do next? Sometimes the response you need to provide might be simple, while other times it can be extremely complex.
Tax return mistakes are not uncommon. Since taxes can be extremely complicated and the documents required to file them properly are sometimes difficult to understand, mistakes occur more than you may expect. This is especially true for taxpayers filing their…
Often in an IRS audit, the tax examiner will ask for your mileage log at the beginning of the audit. If you do not have a mileage log, what should you do?
Have you received an IRS notice or letter and are afraid to open it? Don’t worry; many of these letters can be resolved easily and painlessly. Every year, the IRS sends millions of letters and notices to taxpayers requesting payment of taxes, notifying…
A CP2000 Notice is typically generated when the IRS computers determine a mismatch of income or deductions between information you reported on your tax return and information documents it receives from third parties. The mismatched items can result from: Omission…
When you file a tax return and fail to pay the balance due the IRS will begin sending you a series of collection letters or notices. It is important that you understand the process, what the collection letters or notices…