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If the IRS selects your tax return for audit (also called examination), it doesn’t automatically mean something is wrong. The IRS performs audits by mail or in person. The notice you receive will have specific information about why your return is being examined, what documents if any they need from you, and how you should proceed. Once the IRS completes the…

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Monday is Tax Day, the federal deadline for individual tax filings and payments. Monday is Tax Day — the federal deadline for individual tax filing and payments — and the IRS expects to receive tens of millions of last-minute filings electronically and through paper forms. As of April 8, the IRS had received more than…

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Was your identity stolen? Request an Identity Protection PIN from the IRS The Internal Revenue Service today reminded all taxpayers – particularly those who are identity theft victims – of an important step they should take to protect themselves from tax fraud. Some identity thieves use taxpayers’ information to file fraudulent tax returns. By requesting…

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The IRS has a numbered notice for almost any communication they provide to a taxpayer.  In some cases, the taxpayer may safely review a communication without taking any further action.  For example, the IRS routinely sends a summary of tax debts owed annually to taxpayers as a reminder of outstanding taxes owed.  But, in other cases, a…

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IRS LT11 Notices (“LT11”) and Letters 1058. The IRS issues these particular “final” notices to taxpayers before it takes certain levy actions. Taxpayers must pay attention to these notices, as well as others, and understand their rights and responsibilities with respect to each. This article discusses the LT11 and Letter 1058 and how a taxpayer…

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You might receive an IRS Notice CP2000 (“CP2000”) in the mail. The IRS issues these particular notices to taxpayers based on discrepancies between tax return reporting and third-party reporting. Taxpayers must pay attention to these notices, as well as others, and understand their rights and responsibilities with respect to each. This article discusses the CP2000…

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IRS Letter 5071C – Potential Identity Theft During Original Processing The IRS is requesting additional information to validate your identity before they will continue to process your tax return. What does it mean if I received a 5071C letter? Thanks to the many moving parts of stimulus packages and new tax laws, scammers have been…

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Most people think of the IRS as the agency that collects taxes, but you may not know that every year, our agency distributes billions of dollars in tax credits to eligible individuals, families and businesses. The IRS has been especially busy in the past year and a half issuing credits like advance payments of the…

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