Articles Posted in IRS Notifications

When the IRS sends you a CP14 Notice in the mail, it is because you have a current IRS tax balance owed. This notice informs you of the amount owed, including tax, interest, and any applicable penalties, and demands payment. The CP14 notice is a progression notice in the IRS collection scheme. This notice gets…

The IRS cannot engage in collections activities against you without an assessed tax in place first. Before an IRS tax assessment occurs, you, the taxpayer, have a right to be informed of any pending assessment. To facilitate your awareness of a pending IRS tax assessment, the IRS has a statutory system that issues you a…

Going through an IRS audit can be exhausting, especially if you receive an unfavorable outcome resulting in a tax balance due to the IRS. Before capitulating and forking over the money to the IRS, you may have the option to challenge some or all of the audit findings using an IRS Audit Reconsideration. An Audit…

If you received an IRS CP2000 Notice, the IRS reports indicate that you did not report all your income on your IRS individual 1040 Tax return for a particular year. Whenever a third-party issues tax records to you, they must submit a copy of what was sent to the IRS. The IRS will cross-reference your…

One of the harshest activities the IRS can do is to enforce a levy against you. If you do not pay your taxes (or make arrangements to settle your debt), and the IRS determines that a levy is the next appropriate action, the IRS may levy any property or right to property you own or…

This is a forum where the taxpayer may protest one of the following IRS notices: A taxpayer has 30 days from the date of notice to request a Collection Due Process Hearing. In addition, there still is an opportunity to attempt to work out a solution with the Collection Office that sent the notice. If…

People often ask whether it is worth calling a tax resolution firm to assist when they receive an IRS notification in the mail. The best answer I can provide would be to give an example of a recent client who called me. Prior to his calling me, my client spoke with his tax preparer to…

I want to go over some of the basics regarding the dreaded IRS Notice CP 2000 by providing a base description of what it is, the importance of timely response, an example of when this situation could occur, and finally, based on the example used, how to prepare for it. Ordinarily, when an IRS Notice…