Each year, the IRS sends millions of letters to taxpayers for many different reasons. Below are some useful tips for taxpayers on how to handle receiving one of these letters:
When a specific date is listed in the letter, there are two main reasons taxpayers should respond by that date:
- To minimize additional interest and penalty charges.
- To preserve appeal rights if the taxpayer doesn't agree.
7. Keep the letter. A taxpayer should keep copies of any IRS letters or notices received with their tax records.
If you received a letter from the IRS contact your professional at UHY LLP in one of our many locations.