CP80: When payments have been credited to the current tax year but the IRS doesn't have a record of the return CP59: First notice of an unfiled tax return from a previous year CP759: Spanish-language version of CP59 CP516: Second notice of an unfiled tax return from a previous year ...
provided, including information on the IRS' mailing of CP14 and CP501 notices to a taxpayer, as well as the IRS' CP504 Notice of Intent to Levy document which highlights the amount of taxes owed and the IRS' option of seizing taxpayer property or a taxpayer's state income tax refund ...
If you have received an IRS tax levy notice, it’s time to contact an experienced tax lawyer who understands the levy process and solutions.
Processing and refund delays; employee recruitment (hiring, training); telephone and in-person service; transparency and clarity; delays in the filing season; online taxpayer account limitation; digital taxpayer communication limitations, e-filing barriers; tax audits; and collection policies on low-inco...
Understand the taxation of lump-sum distributions:If you receive a lump-sum distribution from your retirement plan, it can have significant tax implications. IRS Publication 575 provides guidance on how to calculate the taxable portion of these distributions. ...
A notice or letter (“Notice”) from the IRS can sound intimidating, but there can be many reasons for receiving one. Not every notice is negative or even needs the same amount of attention. That is a common misconception: one that makes the act of recei
While it can be hard to face unpaid back taxes, it's better to deal with them sooner rather than later. Setting up a payment plan can help prevent a public tax lien and give you a better chance of qualifying for a mortgage. It's also important to tell your lender about your tax deb...