Have you received a IRS Notice or letter CP 2000?
As former IRS Agents we know the system to help you though this issue
When a tax return’s information doesn’t match data reported to the Internal Revenue Service by employers, banks and other third parties, the IRS will send a letter to the taxpayer.
The letter is called an IRS Notice CP 2000, and it gives detailed information about issues the IRS identified and provides steps taxpayers should take to resolve those issues.
No need to panic call us today to hear the various options available to you.
This letter isn’t a formal audit notification but a letter to see if the taxpayer agrees or disagrees with the proposed tax changes.
Taxpayers should respond to the CP2000 letter, usually within 30 days from the date printed on the letter.
The IRS provides a phone number on each letter.
IRS telephone assistors can explain the letter and what taxpayers need to do to resolve any discrepancies.
The IRS will send another letter to the taxpayer if the taxpayer doesn’t respond to the initial notice or if the IRS can’t accept the additional information provided.
That follow-up letter is called IRS Notice CP 3219A, Statutory Notice of Deficiency.
This letter gives detailed information about why the IRS proposes a tax change and how the agency determined the change.
The letter tells taxpayers about their right to challenge the decision in Tax Court if they choose to do so.
Even if they decide not to go to Tax Court, the IRS will continue to work with the taxpayer during the statutory notice timeframe to help resolve the issue.
It is very important you respond to these letters is failing to do so will create an automatic tax assessment in which IRS can follow-up with the filing of a federal tax lien, a wage or bank levy garnishment and other actions.
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