After tax season ends, we all breathe a sigh of relief. We’re done with the annual tedious task of filing our taxes. For some people, though, the relief is short-lived, and ends when they receive a notice from the IRS. If you are one of the millions of people that receives a notice, step one is to KEEP CALM! Then, follow these steps: 1. Don’t throw it away or otherwise ignore it. In most cases, you will be able to respond quickly and easily to the notice. 2. A notice usually deals with a specific issue about your tax return or account. It may ask you for more information, or notify you of a corrected error. 3. Read the notice carefully – it will have instructions about what you need to do. 4. If the notice is regarding a correction the IRS made, review the information that was corrected. If you agree, you don’t need to reply unless a payment is due. If you do not agree, you must respond to the IRS. You should write a letter that explains why you don’t agree, and include any documents you want the IRS to consider. You will also need to include the bottom tear-off portion of the notice with your letter. Then, mail your letter to the IRS at the address on the bottom of your notice. It usually takes about 30 days for a response from the IRS. 5. Most notices will not require calling or visiting the IRS. However, there is a phone number on the notice if you have questions. If you do call, be sure you have your tax return copy and notice with you. 6. Make and keep a copy of any notices you receive from the IRS. 7. Remember, the IRS will NEVER call or email you as a first contact. The IRS always contacts you first by mail. If you receive a phone call or email that you feel is a scam, contact the IRS immediately. Clergy Financial Resources
Clergy Financial Resources is a national accounting and finance organization serving churches and clergy since 1980. They have an unparalleled tax expertise on the complex issues associated with clergy tax law, clergy taxes, clergy compensation and church payroll. Clergy Financial Resources is a valuable resource for clergy, churches and denominations< Back
Clergy Financial Resources serves as a resource for clients to help analyze the complexity of clergy tax law, church payroll & HR issues. Our professionals are committed to helping clients stay informed about tax news, developments and trends in various specialty areas.
This article is intended to provide readers with guidance in tax matters. The article does not constitute, and should not be treated as professional advice regarding the use of any particular tax technique. Every effort has been made to assure the accuracy of the information. Clergy Financial Resources and the author do not assume responsibility for any individual’s reliance upon the information provided in the article. Readers should independently verify all information before applying it to a particular fact situation, and should independently determine the impact of any particular tax planning technique. If you are seeking legal advice, you are encouraged to consult an attorney.
For more information or if you need additional assistance, please use the contact information below.
Clergy Financial Resources
11214 86th Avenue N.
Maple Grove, MN 55369
Tel: (888) 421-0101
Fax: (888) 876-5101