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Navigating IRS letters of deficiency

Over the past twelve months, we’ve noticed a concerning rise in IRS deficiency notices (CP3219N) sent to taxpayers. In most cases, these letters result from discrepancies between filed tax returns and the IRS's records from third-party sources. When the IRS identifies a difference, they send a notice with the following options:File a Tax Return Within

By |2024-11-17T21:34:21+00:00November 17th, 2024|Categories: Business, Individuals|Tags: , , , , , , |

Hard time to get in contact with the IRS? The IRS only answers around 31% of calls

In the mid year report to Congress (IR-2024-173), National Taxpayer Advocate Erin M. Collins revealed the misleading metrics that the IRS uses to report call service. The IRS accounts for a goal of achieving a Level of Service (LoS) of at least 85%, which was exceeded in 2024 (88%). "... The Treasury Department and the

By |2024-11-12T20:01:14+00:00July 19th, 2024|Categories: Business, Individuals|Tags: , , , , , , , |
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