Killer IRS CP 2000 - NOTICE OF UNDERREPORTED INCOMEJoe Mastriano, CPA
An authentic CP2000 notice is used when income reported from third-party sources such as an employer does not match the income reported on the tax return. Unlike the fake, it provides extensive instructions to taxpayers about what to do if they agree or disagree that additional tax is owed....
The author advises what American taxpayers should do if they received a CP 2000 notice or computer-generated mismatch notice sent out by the Internal Revenue Service (IRS) if the data reported by third parties does not appear to match the amounts shown on their return. He urges recipients to...