How To View An IRS Notice
Don't panic if you receive an IRS tax notice. Tax Champions who has been serving as advocates for tax payers in IRS situations for over 28 years want to offer you these key ideas to keep in mind if and when you receive a notice from the IRS. They know the power of the IRS and their limitations because they know the tax code and what your rights are as a tax payer. So just in case you do receive an IRS notice keep these points in mind.
Number one; don't get excited - in most instances a notice can be handled rather quickly and easily.
There are number of reasons the IRS sends notices to taxpayers. The notice may be to request payment of taxes, or to notify you of a change to your account or just to request additional information. The notice you receive almost always involves a very specific issue about your account or tax return.
Look closely at the instruction in the letter or notice and make sure you understand what it is the IRS is asking for because it will be clearly stated.
A letter of notice asking for a correction to your tax returns should cause you to examine the tax return and compare it to what they are asking.
If you agree with the correction to your account, usually no reply is necessary unless a payment is due.
In those instances in which you don't agree with the IRS' corrections you should respond and tell them what you don't agree with. Make sure to support your reasons with as much documentation as possible. When you've collected everything to support you position, tear off the lower half of the notice letter and mail it with the information to the address provided in the upper left hand corner of the notice letter. It usually takes about 30 days to hear back from them.
Most correspondence can be handled without calling or visiting an IRS office. However, if you have questions, you can call the telephone number that usually will be in the upper right-hand corner of the notice. Have a copy of your tax return and the correspondence available when you call, to show that you are being as helpful as possible to them for a response to your inquiry.
Keep in mind that if you're going to communicate with the IRS to keep good notes and hold onto them in case there's any question regarding your reply.
Not everyone is comfortable speaking directly to the IRS and if you have a question regarding a notice letter call a tax professional to help.
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