What Does an IRS Audit Letter Look Like?

What Does an IRS Audit Letter Look Like?

Receiving a letter from the IRS can be a startling experience, especially when it concerns an audit. Since the IRS only sends a small percentage of tax filers an audit letter, people aren’t always sure what to look for. Scammers count on that fact to catch people off...
What to do if You Receive a CP2000 Notice

What to do if You Receive a CP2000 Notice

If your tax returns don’t match the records that the IRS has on file, then you’ll receive a CP2000 notice. Also known as an underreporter inquiry, the notice states that you can face penalties, such as taxes or interest, because of discrepancies in the information...
Filing Back Taxes This Tax Season

Filing Back Taxes This Tax Season

Filing Back Taxes This Tax Season  If you suddenly realized you made a mistake on your last tax return and owe more money to the IRS, don’t panic. The tax agency has procedures in place for this issue, as does the state of Georgia. Depending on the mistake, it can be...
Can I Make Installment Payments on My Tax Debt?

Can I Make Installment Payments on My Tax Debt?

Can I Make Installment Payments on My Tax Debt?  If you owe the IRS money and cannot pay the entire amount at once, you might consider applying for an installment payment plan. While these agreements provide you with relief from having to immediately pay the IRS, they...