Each year the IRS sends millions of letters and notices to taxpayers. Understandably, you may feel anxious if you receive one. Don’t panic. There are many reasons the IRS sends notices to taxpayers. The notice usually covers a specific issue about your account or tax return. It may request payment of taxes, notify you of a change to your account or ask for additional information or, most alarmingly of all, threaten to levy or seize your assets as payment of your past due taxes, penalties, and interest.
If you receive a notice about a correction to your tax return, you should review it carefully. You usually will need to compare the information in the notice to the entries on your tax return.
There is no need for you to call or visit an IRS office to answer most IRS notices. However, you should act quickly to ensure the best results. Please call us now toll free at (800) 457-2434 for a consultation to discuss your situation and possible resolutions.