Tuesday, May 26, 2015

" How to Respond Best to IRS Letter ? "

Tips on how to Best Respond to IRS Tax Letters and Notices:

1. Read the Tax Issue Raised by IRS Letter for the Appropriate Tax Year mentioned in the Notice.
2. Read Instructions In Letter For Proper Response e.g. Where ? when ? Address ?  Whom ? Issue ?
3. If IRS has made Changes To Your Tax Return, Review and Compare the Info. with your documentation.  If you agree with Changes Generally, you need not reply.
4. If You Disagree with Changes, then you must respond in a timely manner at the address in the notice.  Explain your reason for disagreement to IRS. Mail your reply with Bottom Tear Off from the Original Notice.  Generally reponse time is 30 days but comply with your letter time frame.
5.  Most IRS Notices can be answered by a phone to the Tel# in the letter.  Not necessary to visit IRS Center.
6.  Keep copy of all your IRS Correspondence and notices.
7.  Send Response to IRS Notice through US Mail  i.e. Certified Letter with Return Receipt
8.  If you can't Solve the Tax Issues in Phone calls Or IRS Center Visits, Arrange a Tax Specialist i.e. CPA or Enrolled Agent to Represent you as early as possible.
9.  Beware Of Scammers who Try to Advanage of you and Steal Your Personal Data For Identity Theft.

For Q & A Contact :  Kash, (925) 963 4891 @ Yajnik & Mehta Associates  (YMA) 
Facebook : www.facebook.com/yma.taxpro
Twitter :     http://twitter.com/kash_yajnik
Linked In:  http://linkedin.com

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