10 Things to Know about IRS Notices

irs1Each year, the IRS sends millions of notices and letters to taxpayers for a variety of reasons.  Many think that an IRS notice is synonymous with an audit.  You nervously open the envelope or worse, file it away and ignore it.  Many letters and notices can be dealt with simply (with no need to call or visit the IRS).

Recently the IRS redesigned its correspondence to include a plain and simple explanation of the nature as well as any action needed from you, the taxpayer.  So what should you do if one of these letters/notices shows up in your mailbox?  Here are ten things to keep in mind: [Read more…]