Category Archives: IRS Notice
Having Trouble with the IRS? Your Not Alone…
Owing back taxes to the IRS can not only be an individual and business problem, but a city problem as well. The City of Madison Wisconsin recently reached an agreement with the IRS to pay back $580,000 in taxes to … Continue reading
IRS Sends “Possible Income Underreporting” Notices
Form 1099-K is a new information return sent to businesses by “payment settlement entities” reporting the amount of credit card and other electronic receipts that were processed for the business. The IRS also receives a copy of Form 1099-K … Continue reading
IRS Systems Faulted for Identity and Access Management Security
Taxpayer data is vulnerable to inappropriate use, modification or disclosure, perhaps without being detected, according to a new government report that found problems with the Internal Revenue Service’s technology for configuration management and identity and access management. The report, from … Continue reading
Did You Receive a CP2000 Notice from the IRS?
Have you received a CP 2000 notice? Notice CP 2000 shows proposed changes to your income tax return. This proposal is based on a comparison of the income, payments, credits, and deductions reported on your tax return with information on these … Continue reading
IRS Announces Second Quarter Interest Rates
Interest rates charged by the IRS on underpaid taxes and paid by the IRS on tax over-payments will remain the same for the second quarter of 2013 (April 1 through June 30). Therefore, for the first six … Continue reading
What the IRS Wants Taxpayers To Know About Identity Theft and Taxes
Protecting taxpayers and their tax refunds from identity theft has become a top priority for the IRS. This year the IRS expanded its efforts to better protect taxpayers and help victims dealing with this difficult issue. When your personal … Continue reading
IRS Summons
At Lefstein-Suchoff CPA & Associates, we are committed to providing useful information that helps those faced with a situation requiring tax help for: tax settlements, tax debt, back taxes, IRS tax debt, an IRS levy, IRS tax audits, Offer in … Continue reading
IRS Letters: They May be Right, They May be Wrong
There are many reasons why the Internal Revenue Service could be contacting you. Some contacts involve very minor corrections; some are for serious changes that could involve a lot of money. Sometimes the IRS is correct in what they are … Continue reading