There's the version of tax resolution the late-night commercials sell you. Then there's how it actually works. I'm Darrin Mish, a Tampa tax attorney. I've spent 32 years on the inside of these cases. Here's the real version.<\/p>\n
The IRS’s computer system generates numerous notices. When you receive one of these notices, your first thought would be to panic, especially if you know you have IRS problems. If you follow the steps outlined below, IRS notices can be resolved quickly. \u00a0Click here to read or watch more IRS Help resources.<\/a><\/p>\n Understand the notice. Read it and re-read it until you understand what the notice says. Often times the IRS is just requesting additional information or is letting you know about a discrepancy on your tax return. All notices have a code containing the letters CP with a number. You can find a detailed explanation of the purpose of your specific notice by entering the code on the IRS website.<\/p>\n Call the IRS. The notice will indicate the phone number and IRS agents name who sent it. Use this information to ask for an explanation of the notice and ways you can resolve the matter.<\/p>\n Read and follow the directions. The notice will contain specific information regarding what is needed, deadline for said item, whose signatures are needed on the forms, and other pertinent information. Do not set it aside to do later. Prompt response will only work in your favor.<\/p>\n Contact a tax professional. If you are unable to clarify what the IRS notice pertains to, contact a tax professional. An experienced professional has probably handled this situation in the past and can help you take care of the matter in a timely manner.<\/p>\n Mail your response using certified mail. The IRS receives millions of pieces of correspondence in a month. Using certified mail with return receipt requested enables you to know that the IRS actually received your response.<\/p>\n It is also important to note that you should make copies of all your correspondence with the IRS for your records. To ensure accurate records, keep copies of the original letter, your response with documentation requested, and any postal receipts.<\/p>\n Some of the most common IRS notices include:<\/p>\n CP 10\u00a0 Changes to Tax Return, Reduced Amount Applied to Next Year’s Estimated Tax
\nCP 11\u00a0 Changes to Tax Return, Balance Due
\nCP 12\u00a0 Changes to Tax Return, Overpayment
\nCP 13\u00a0 Changes to Tax Return, No Refund and No Balance Due
\nCP 14\u00a0 Balance Due
\nCP 23\u00a0 Estimated Tax Discrepancy, Balance Due
\nCP 54B, E, G, Q Problem With Name and Identifying Number
\nCP 57\u00a0 Notice of Insufficient Funds
\nCP 501\u00a0 Reminder\u00a0 Balance Due
\nCP 2000\u00a0 We Are Proposing Changes to Your Tax Return<\/p>\n