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Thursday, December 3, 2015

How to Deal with IRS Notices



Getting an IRS notice can be a nerve-wracking experience, what with the thought of losing almost everything that you have looming at the back of your mind. With the help of an IRS tax attorney, however, you would come to realize that there is an easier way to dealing with IRS notices.

Do not panic.

IRS notices, just like any letter, need to be read and replied to. One of the most common mistakes people make is ignoring IRS notices. By doing so, however, they are actually closing any means of communicating with the IRS and working on a compromise.

It’s not always bad.

Getting an IRS notice does not always mean that they are after your unpaid taxes. In some cases, the IRS would get in touch with you in order to notify you of any corrections in the tax returns that you have filed. When this happens, make sure your records match the ones that IRS has.

In the event that you do not agree with their correction, you can actually send in your response explaining why you do not agree. It is a good idea to have your tax lawyer go through your reply before sending it over. If the figures are not clear with you, run them by your accountant.

IRS is not always right.

Anything that has human interference runs the risk of committing mistakes. Having said that, you need to make sure that you keep records of all the payments that you have made. This way, when an IRS notice comes along, you can easily check where the problem lies.

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