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

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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

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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

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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

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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

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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

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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

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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

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