How to Respond Successfully to an IRS Notice

IRS notice

Receiving an IRS notice can send chills down one’s spin. If you find yourself on the IRS mailing list, the first thing to do is not to panic. Know that you are not alone.

Each year the IRS sends millions of notices to taxpayers. Many of the concerns are easy to resolve and it is important to carefully follow the instructions.

What to do if you received an IRS notice

Here are tips of what to do if you receive an IRS notice:

  • Scan the heading.
    The first line, generally printed in bold type and centered beneath your name and address, will tell you why the IRS is contacting you. Questions about missing information, additional taxes owed, or payments due mean you will want to take prompt action to avoid more notices or assessments of interest and penalties.
  • Review the discrepancy.
    You will find the tax form and the year to which the notice applies printed in the upper right corner. Pull out your copy of the corresponding tax return, along with the supporting documents, and compare what you filed with what the IRS is questioning.
  • Prepare your explanation.
    Are the proposed changes correct? Did the IRS misapply a payment? Whatever the issue, there is usually no need to file an amended return. However, the IRS typically wants a response, either by phone or mail, in order to clear the notice from your account.
  • Do not delay.
    Ignoring IRS correspondence will not make it go away. Reply to the IRS in a timely manner even if you don’t have all the information being requested.
  • Keep Copies of Your Correspondence
    It is important to keep copies of all your correspondence with the IRS. It is highly recommended that you keep this correspondence with your tax records.

Please contact us if you receive a notice from the IRS, or your state or local taxing authority. We are here to set your mind at ease by helping you resolve the matter as quickly as possible.

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