The notice of deficiency is presumptively correct and consists of a letter explaining the purpose of the notice; the amount of the deficiency; the name and contact information of an IRS employee; a description of the taxpayer’s options; a waiver to agree to the additional tax liability; a s...
KILLER IRS Responding To An Audit LetterJoe Mastriano CPA
Liability to IRS: An employer has no obligation under the Social Security Act to take action or respond to the SSA and the SSA has no enforcement authority to act against an employer who fails to respond. The IRS, however, can penalize an employer for failing to report accurate information....