Making sense out of an IRS letter is pretty simple as long as you know how to interpret them properly and understand the reason why the IRS sent one. In this article: IRS Notice of Deficiency: CP3219A Notice Reminder Notice: CP501 Second Request Notice: CP503 Notice of Intent to Levy: LT11 Final Notice of Intent to Levy: LT1058 Notice of Changes: CP22A … [Read more...]
Things NOT To Say To The IRS If You Owe Back Taxes [INFOGRAPHIC]
An IRS appointment can be nerve-racking. So knowing what to do and what to avoid during such an important conversation can help put taxpayers' minds at ease. In this article: Never Ignore Notices from the IRS Never Volunteer Information or Explanation Never Lie Never Answer Questions That You Don’t Understand Fully Never Invite the IRS into Your Home or … [Read more...]
How To Deal With A Federal Tax Lien And Prevent It From Happening
A federal tax lien affects not only your credit score but also your cash flow. So, preventing and dealing with a lien must be high priority. In this article: Understand What an IRS Tax Lien Is What to Do When You Receive a Notice of Federal Tax Lien Steps to Preventing and Removing a Tax Lien Best Practices to Prevent and Complete the Federal Tax Lien … [Read more...]
IRS Tax Forms Directory | Comprehensive Tax Forms Guide
This tax forms directory guides every taxpayer in preparing and filing all the needed requirements by the IRS. In this article: Individuals Tax Forms Directory Businesses Tax Forms Directory Self-Employed Individuals Tax Forms Directory Tax Forms Directory to Help You Prepare Tax Returns Individuals Tax Forms Directory 1. Form W9 | Request for … [Read more...]
I Received An IRS Email Claiming I Underreported My Income: What Should I Do?
Find out below what the best course of action is if you have received an IRS email claiming you underreported your income. In this article: Underreported Income, the IRS, and You What to Do Following an IRS Email About Underreported Income Asking for Abatement Getting Tax Assistance When the IRS Email Is Correct When You Can’t Pay IRS Emails About … [Read more...]
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