27Apr 2015 by Fred Crooks
Ten Things to Know about IRS Notices and Letters

Ten Things to Know about IRS Notices and Letters

Business Advisory, Tax
Each year, the IRS sends millions of notices and letters to taxpayers for a variety of reasons. Here are ten things to know in case one shows up in your mailbox. 1. Don't panic. You often only need to respond to take care of a notice. 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 states the IRS has made a change or correction to your tax return.…
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02Apr 2014 by Mike Giotto
Tax Scams to be on Alert About

Tax Scams to be on Alert About

Tax
With the tax season upon us, we remind you and your clients to be wary of tax scams andtheft ploys involving scammers who attempt to mimic us to obtain access to your personal information. Do not give out social security, bank, or credit card numbers over the telephone or by email to anyone who cannot verify they are our employees. Have your clients ask the agent to confirm information on the tax notice we mailed to them or hang up and contact us immediately to talk to a live agent. We heard from people who received phone calls from scammers impersonating the Internal Revenue Service (IRS), telling the “would-be victims” that they owed taxes and, if the taxes not paid, they would be arrested. These scammers also told the taxpayers that the…
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