What if I Receive a Notice from the IRS After Filing My Taxes?
IRS notices rarely contain good news. Federal tax agents are tasked with obtaining money for the government, meaning most notices involve potential tax liability. Contact Phoenix Tax Consultants immediately if you receive any communication from the IRS after filing your taxes. Our full-service team of tax audit professionals in Phoenixville, PA, will fight to protect you from incurring additional liability. You must take these notices seriously, but that does not mean accepting IRS decisions without a fight.
Most Common IRS Tax Notices
After spending months preparing your taxes, you might be shocked to receive an unexpected letter from the IRS. Our tax professionals commonly encounter the following types of IRS letters and notices:
- Balance due (pay now)
- Refund changes
- Requests for additional information
- Identity verification (potential fraud)
- Changed or corrected tax returns
- Processing delays
Though some letters, such as notices indicating general processing delays, might not require a response, most IRS communications involve potential tax liability. Many letters even demand additional tax payments and threaten you with interest and penalties for refusing to pay. Our IRS audit team might help you challenge recalculations, but failing to do so quickly could result in significant tax liability.
Responding to Requests for Additional Tax and Identifying Information
Requests for additional information are more than they appear and could precede an audit notice. Most agents aren’t trying to get you a better refund; they’re trying to increase your overall tax liability by challenging certain deductions or income information. Do not submit additional evidence before speaking with one of our tax professionals. Sometimes, the IRS might not be entitled to additional submissions or will unilaterally use any obtained information to amend your tax return.
The IRS does not have the final say regarding your tax liability. Many IRS letters demand payment based on one-sided tax return recalculations, threatening you with significant penalties if you do not pay. You can challenge IRS decisions, but you must trigger an appeal. Taxpayers may file administrative appeals and request additional information regarding an appeal’s decision. Experienced tax professionals might also work with local tax attorneys to take your case to court.
Submit Your IRS Letter to a Dedicated Team of Tax Professionals in Pennsylvania
Just because you receive a bill from the IRS does not mean you must pay. Tax laws are complicated, and our professionals might rightfully disagree with an IRS agent’s determination. Do not ignore an IRS notice, but do not submit additional evidence or make requested payments without first speaking with a dedicated Pennsylvania tax professional from Phoenix Tax Consultants. We might significantly reduce or eliminate your additional tax liability and ensure you receive the refund you deserve.
If you receive an IRS notice or letter after filing your taxes, you should contact the tax professionals at Phoenix Tax Consultants. Retaining our accountants, CPAs, and EAs might force the IRS to abandon or settle potential tax claims. It might even cost less than your anticipated liability. Contact us online or by phone today and schedule a professional case review.