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…
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…
IRS Notice CP2000
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…
To help people during this year’s filing season, many IRS Taxpayer Assistance Centers across the country will have special Saturday hours. These centers provide taxpayers with in-person help. The TACs are open from 9 a.m. to 4 p.m., local time, March 12, April 9, and May 14. No appointments are required. Taxpayers can receive walk-in…
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…
Faced with a class-action suit filed on behalf of customers who claim they were tricked into paying to file their taxes, TurboTax-maker Intuit knocked the case down. The company insisted its customers had agreed to forego their right to take their grievances to court and were required to use the private arbitration system instead. But…
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…
Please take part in the poll below if you have received your tax refund in 2024 How many early filers have already received a Direct Deposit Date? If you filed your taxes before February 15, 2024, have you received your refund or a deposit date yet? Please participate in the poll so that we can…
The IRS has announced the suspension of over a dozen additional letters including the mailing of automated collection notices. These mailings include balance due notices and unfiled tax return notices. Several million original and amended returns filed by individuals and businesses have not been processed due to pandemic-related challenges. The IRS has taken this step…