You received a notice from the IRS. Now what do you do?

Nine Tips for Taxpayers Who Receive an IRS Notice

Receiving a notice from the Internal Revenue Service is no cause for alarm. Every year the IRS sends millions of letters and notices to taxpayers. In the event one shows up in your mailbox, here are eight things you should know.

1. Don’t panic. Many of these letters can be dealt with very simply.

2. There are a number of reasons the IRS sends notices to taxpayers. The notice may request payment of taxes, notify you of a change to your account or request additional information. The notice you receive normally covers a very specific issue about your account or tax return.

3. Each letter and notice offers specific instructions on what you need to do to satisfy the inquiry.

4. If you receive a notice about a correction to your tax return, you should review the correspondence and compare it with the information on your return.

5. If you agree with the correction to your account, usually no reply is necessary unless a payment is due.

6. If you do not agree with the correction the IRS made, it is important that you respond as requested. Respond to the IRS in writing to explain why you disagree. Include any documents and information you wish the IRS to consider, along with the bottom tear-off portion of the notice. Mail the information to the IRS address shown in the lower left corner of the notice. Allow at least 30 days for a response from the IRS.

7. Most correspondence can be handled without calling or visiting an IRS office. However, if you have questions, call the telephone number in the upper right corner of the notice. When you call, have a copy of your tax return and the correspondence available.

8. Keep copies of any correspondence with your tax records.

9. And most importantly, consult an Enrolled Agent (EA), the highest designation awarded by the US Department of the Treasury and America’s Tax Expert ©

 

Florida Society of Enrolled Agents Install New Board of Directors

July 6, 2011

Kissimmee, FL- The 2011 Florida Society of Enrolled Agents Annual Conference was just held at the Gaylord Palm Hotel & Convention Center. The conference provided the members with the opportunity to network with other Tax Professionals, enhance their various skills and expand their knowledge on current tax legislation, emerging issues and changes in their profession. On Friday, July 1, 2011 the FSEA installed the new slate for the coming year.

From left to right: Immediate Past President, William Weidenbach, EA, Treasurer, Sue Anne Curd, EA, Secretary, Twila Midwood, EA, President- Elect, Ana Magda Guillen, EA, President, Anita Manuel, EA, and Vice-President, Jeffrey Schneider, EA,

The Florida Society of Enrolled Agents (FSEA) is the professional society representing Enrolled Agents (EAs) in Florida. Members are licensed by the U.S. Department of the Treasury to represent taxpayers before all administrative levels of the Internal Revenue Service (IRS), including examination, collection and appeals functions. For more information, please visit the website, http://www.FSEAonline.org. The FSEA is an affiliate of the National Association of Enrolled Agents (NAEA) and they urge all tax practitioners to consider the benefits of joining.

The National Association of Enrolled Agents (NAEA) is a national association of independent, licensed tax professionals called Enrolled Agents (EA). The association is dedicated to helping its members keep up the highest level of knowledge, skills and professionalism in all areas of taxation, so that their members may most effectively represent the needs of their clients.