Tips if You Get a Tax Notice or Letter

29 04 2015

The IRS and state taxing agencies mail millions of notices and letters to taxpayers each year. There are a variety of reasons why you might receive a notice or letter. Here are tips to know in case you get one.

1.    Tax notices seem scary, but don’t panic. A notice can often be taken care of simply by responding to it.

2.    A notice typically will be about your tax return or tax account. It could be about a specific issue, such as changes to your account. It may ask you for more information. It could also explain that you owe tax and that you need to pay the amount that is due.

3.    Provide a copy of the correspondence to RBSK Partners. Each notice has specific instructions, so it must be read carefully.

4.    If you get a notice that states a change or correction has been made to your tax return, RBSK will review the information and compare it with your original return.

5.    If we agree with the notice, usually no reply is necessary unless the notice requests a response, provides other instructions or a payment needs to be made.

6.    If we do not agree with the notice, a response is required. We will write a letter to the taxing agency explaining why we disagree. Included with the letter will be information and documents for the taxing agency to consider. Allow at least 30 days for a response.

7.    Always keep copies of any notices you receive with your other tax records.

8.   Be alert for tax scams. The IRS and state taxing agencies send letters and notices by mail. The IRS does not contact people by phone, email or social media to ask for personal or financial information.

Receiving a tax notice can be intimidating. Please contact RBSK Partners if we can provide assistance with your tax notice.

Submitted by Jean Ralston, CPA

Tax Manager, RBSK Partners PC

Jean 2013