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Ten Things to Know about IRS Notices and Letters
You’ve got mail! But this time it’s from the IRS. Always remember, there’s no need to press the
panic button on seeing this. Each year, the IRS sends millions of notices and letters to taxpayers
for a variety of reasons. And the important thing to reiterate here is that the IRS always sends
letters or notices through mail. They will not reach out to you through social media or a
phone call! So, beware and never give out your personal details to anyone who poses to be from
the IRS on social media or over the phone. Brenda is aware of this because she called her tax
professional when she received her IRS notice.
Here are ten things to know in case some letter or notice from the IRS shows up in your
mailbox:
1. Don’t panic. You often only need to respond to take care of a notice. An IRS notice could be
either unwelcome news or good news. You never know until you read it. The IRS often will
contact by mail to inform you that you have money coming back or a refund due to you, as
often as they might say you owe more tax.
2. There are many reasons why the IRS may send a letter or notice. It typically is about a
specific issue on your federal tax return or tax account. A notice may tell you about changes
to your account or ask you for more information. It could also tell you that you must make a
payment.
3. Each notice has specific instructions about what you need to do.
4. You may get a notice that says the IRS has made a change or correction to your tax return. If
you do, review the information and compare it with your original return.
5. If you agree with the notice, you usually don’t need to reply unless it gives you other
instructions or you need to make a payment. If you are due added money, the notice will
say so, and then you only must wait for the check in the mail. The wait time differs
depending upon the reason for the change. If the IRS takes more than 90 days to pay you,
you are also entitled to interest being paid to you on the refund amount.
6. If you do not agree with the notice, it’s important for you to respond. You should write a
letter to explain why you disagree. Include any information and documents you want the IRS
to consider. Mail your reply with the bottom tear-off part of the notice. Send it to the address
shown in the upper left-hand corner of the notice. Allow at least 30 days for a response. If
you wish to have a tax professional speak or represent you, this is where you would tell the
IRS who will speak for you. There is a place to list your representative’s name, address and
phone number, if the IRS needs to contact them.
7. You shouldn’t have to call or visit an IRS office for most notices. If you do have questions,
call the phone number in the upper right-hand corner of the notice. Have a copy of your tax
return and the notice with you when you call. This will help the IRS answer your questions.
If you are not comfortable speaking with the IRS, engage or hire a tax professional to speak
on your behalf. Tax professionals such as Certified Public Accountants, Enrolled Agents and
Attorneys do this for a living. We know what to say and how to speak to the IRS. There is no
need for you, the taxpayer, to stress out, and become anxious when dealing with the IRS. Let
the professional handle these types of communications.
8. Keep copies of any notices you receive with your other tax records.
9. The IRS sends letters and notices by mail. They do not contact people by email or social
media to ask for personal or financial information. Always be sure to send ALL
correspondence to the IRS by certified mail, return receipt needed.
10. For more on this topic visit https://www.IRS.gov/ or see Publication 594, The IRS
Collection Process. Be sure to contact Azmoneyguy or your tax professional. DO NOT try to
handle this yourself. Remember, as an old saying goes, “the attorney who represents
themselves, has a fool for a client”.
Call today, don’t delay! See how this affects you. We can be reached at 602-264-9331 and on all social media under azmoneyguy.
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Mr. Hockensmith has been a guest newscaster for national and local TV stations in Phoenix since 1995, broadcasting financial and tax topics to the general pubic. He has written tax and accounting articles for both national and local newspapers and professional journals. He has been a public speaker nationally and locally on tax, accounting, financial planning and economics since 1992. He was a Disaster Reservist at the Federal Emergency Management Agency, for many years after his military service. He served as a Colonel with the US Army, retiring from military service after 36 years in 2008. Early in his accounting career, he was a Accountant and Consultant with Arthur Andersen CPA’s and Ernst & Young CPA’s.
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