Each notice or letter contains a lot of valuable information, so it’s very important that you read it carefully. If the IRS changed your tax return, compare the information provided in the notice or letter with the information in your original return.
Your notice or letter will explain the reason for the contact and give you instructions on how to handle the issue.
Why were you notified by the IRS?
The IRS sends notices and letters for the following reasons:
- You have a balance due.
- You are due a larger or smaller refund.
- They have a question about your tax return.
- They need to verify your identity.
- They need additional information.
- They changed your return.
- They need to notify you of delays in processing your return.
If your notice or letter requires a response by a specific date, there are two main reasons you will want to comply:
- to minimize additional interest and penalty charges.
- to preserve your appeal rights if you don’t agree.
Pay as much as you can, even if you cannot pay the full amount you owe. If you cannot pay your tax debt in full in a single payment, consult a tax professional to explore payment plans and relief programs of the IRS to achieve the most beneficial resolution for you.
Keep a copy of your notice or letter
It’s important to keep a copy of all notices or letters with your tax records. You may need these documents later.
Contact the IRS
They provide their contact phone number on the top right-hand corner of the notice or letter. Typically, you only need to contact the IRS if you don’t agree with the information, if they requested additional information, or if you have a balance due. You can also write to the IRS at the address in the notice or letter. If you write, allow at least 30 days for their response.
The location of the notice or letter number
You can find the notice (CP) or letter (LTR) number on either the top or the bottom right-hand corner of your correspondence.
I will gladly answer questions about tax debts relief and representation before the IRS. I encourage you to contact www.blancamaldonado.com and schedule an appointment.