IRS letter Advice

We understand IRS letters can be confusing and would be happy to walk you through what it really means and what your options are. The IRS has recently expanded their collection and information gathering phone staff, and with many newbies on the lines, you should have CPA assisting you right out of the gate.

For example if they made an estimate, these are mostly not correct, and adding an attorney or an IRS agent to the mix too soon can really create more harm than good. The IRS, and especially a collection agent, will begin documenting your "case" in their computer screens on every call, and depending on what "track" they choose for you, that can severely limit your options for a quick resolution.

I know it doesn't seem fair, if that was just based on something you causally mention during your call as a quick "excuse" or "cause", but it's just how their systems function. And only certain reasons are actually valid per the laws. For this reason we suggest the ONLY thing you do on a call is ask the IRS for is "more time" to secure a qualified CPA so you can look into things.

 Otherwise it's natural to get lured into saying too much. Any IRS agent should grant you at least 30 days more time - automatically - if this is your first notice and often they will grant several months. The most important thing you can do is NOT WAIT or procrastinate and to seek professional guidance even if the letter and fines or penalties seem a little ridiculous on the surface.

Please see our blog for more formal steps or just jump to action here