When you receive an IRS notice keep the following suggestions in mind:
- Do not Panic. A simple response to the letter usually is all that is needed. And remember, we are just a phone call away.
- Read the letter. Do not ignore the letter. Letters will reference a specific year, a specific issue and give you specific instructions and dates by which to respond.
- Respond, if requested, in a timely matter. Most notices you receive are requesting a change to your account, taxes owed or a payment request. Responding in a timely manner by the date specified could minimize additional interest and penalties.