September 6, 2016

blankEvery year, the Internal Revenue Service sends out millions of letters and notices to taxpayers across the country. Did you receive a letter from the IRS in the mail? Here are some important tips to keep in mind:

Stay calm.

Your first instinct may be to panic when you receive mail from the IRS, but it is important to keep calm. While the agency may be sending you a notice about your unpaid taxes, it is also possible to receive a letter for other reasons. The IRS could be requesting additional information, verifying your identity, making changes to your tax return, or even refunding you an amount different from what is indicated on your return.

Read your notice carefully.

The majority of the letters and notices from the IRS are about tax accounts or tax returns. It is important that you read your notice carefully as it should typically indicate the reason it was sent and instruct you on how to respond. Pay attention to details such as what tax year the notice is referring to, and don’t automatically assume it is referring to the most recent tax year.

Respond or take action if needed.

If you are required to take any action, the letter or notice will state this. Generally, you should be able to resolve any issues with the IRS by responding to it in a timely manner. In most instances, you will not even have to visit or call the IRS office provided you follow the instructions outlined in the document. If you have any questions, you can contact the IRS at the number provided.

If you agree with the contents of the notice, you usually will not have to reply unless it states otherwise, or unless a payment needs to be made. If you disagree, however, it is crucial that you reply. Send the IRS a letter explaining why you disagree, and attach any relevant documents or information that the IRS may need to take into consideration. Allow a minimum of 30 days for the IRS to respond. Ignoring your notice will not make the IRS go away. In fact, the IRS may decide to take additional, more drastic steps if you opt to disregard their correspondence.

Keep copies.

Make copies of any and all notices and letters that the IRS sends you. Also make copies of any documents and correspondences that you send to the agency in the event that you need to refer to such information at a later date.

Be wary of scams.

Always keep in mind that the Internal Revenue Service sends all notices and letters by mail. If you receive a notice in the mail, check the document’s return address to ensure it is indeed from the IRS and not from another agency.

Also, the agency will never attempt to contact you and request for personal or financial information by email or through social media. The IRS offers several payment options, and will never demand that you make payments via credit or debit card. An experienced tax attorney can help you deal with an IRS letter.


Categories: Blog, IRS, Tax Tips, Taxpayers' Rights, Uncategorized