If you receive a letter or notice from the IRS, it will explain the reason for the letter and it will provide instructions.  Many of these letters and notices are easily handled, without having to call the IRS or visit an IRS office.

Each year, the IRS sends millions of notices and letters to taxpayers for a variety of reasons. Here are ten things to know in case one shows up in your mailbox.


1.
Don't panic.
You often only need to respond to take care of a notice.
2.
There are many reasons why the IRS may send a letter or notice.
It typically is about a specific issue on your federal tax return or tax account. A notice may tell you about changes to your account or ask you for more information. It could also tell you that you must make a payment.
3.
Each notice has specific instructions about what you need to do.
4.
You may get a notice that states the IRS has made a change or correction to your tax return. If you do, review the information and compare it with your original return.
5.
If you agree with the notice, you usually don't need to reply unless it gives you other instructions or you need to make a payment.
6.
If you do not agree with the notice, it's important for you to respond. You should write a letter to explain why you disagree. Include any information and documents you want the IRS to consider. Mail your reply with the bottom tear-off portion of the notice. Send it to the address shown in the upper left-hand corner of the notice. Allow at least 30 days for a response.
7.
You shouldn't have to call or visit an IRS office for most notices. If you do have questions, call the phone number in the upper right-hand corner of the notice. Have a copy of your tax return and the notice with you when you call. This will help the IRS answer your questions.
8.
Keep copies of any notices you receive with your other tax records.
9.
The IRS sends letters and notices by mail. They DO NOT contact people by email or social media to ask for personal or financial information.
10.
If you have received a letter or notice, please call or email us with your questions and concerns.
For more on this topic visit IRS.gov. Click on the link 'Responding to a Notice' at the bottom left of the home page.

Source:  IRS Tax Tip 2014-60, April 22, 2014



Partners Smith, Sullivan and Brown

Questions?
Call us at 508.871.7178
or email: contact@ssbcpa.com 
or go to: www.ssbcpa.com   
 

At Smith, Sullivan & Brown, PC, our dedicated professionals listen to your auditing and accounting, tax preparation, and small business questions. We provide personalized solutions to you, your family, business or nonprofit, all at a reasonable price.

 

Our accounting team has extensive experience. We understand your frustration when you tell us that you've paid top dollar for accounting services - only to learn that there's a junior-level person working on your engagement. Or, that it's mid-March and your accountant isn't returning emails or phone calls because your files have been put on the back burner so that they can focus on the tax return crunch. At Smith, Sullivan & Brown, PC we only send senior-level accountants into the field and they remain accessible to you throughout the year. A dedicated team is assigned year-round specifically to our nonprofit clients, so that deadlines are met on time and your questions are never ignored.

 

Established in 1993, Smith, Sullivan & Brown, PC is for you if you value communication, one-on-one attention, and "hands-on" expertise from experienced senior-level accountants. Whether you have a project to bid on now, or in the near future, contact us to schedule an introductory meeting, we'd love to meet you!   

 

The information contained in this electronic message and any attachments to this message are intended for the exclusive use of the addressee and may contain confidential or privileged information.  If you are not the intended recipient, be aware that any disclosure, copying, distribution, dissemination or use of the contents of this message is prohibited.  If you have received this message in error, please notify the sender immediately and destroy all copies of this message.

 

To ensure compliance with requirements imposed by the IRS, we inform you that any U.S. tax advice contained in this communication and any attachments is not intended or written to be used, and cannot be used, for the purpose of avoiding penalties under the Internal Revenue Code or promoting, marketing or recommending to another party any transaction or matter addressed herein.