IRS LETTER – DO YOU KNOW WHAT YOU ARE PAYING FOR?
When you get a letter from the IRS asking you to pay, what do you do?
Do you put it back on the shelf to deal with later? Do you just take a deep breath and pay it, even though you might not fully understand what it is?
Or do you have a trusted advisor who will look over it for you, explain it, and determine whether you really need to pay?
Let me tell you something: you should never, ever pay a bill from the IRS without fully understanding what it is for. The IRS is a government agency, but it is staffed by human beings and human beings make mistakes!
Client Jane Bell came to me recently with a $2860 IRS penalty fee from a previous business in 2013. Yes, they sent her a penalty fee from three years ago! (And by the way, did you know that you can amend and correct your taxes from up to three years ago? I have saved many clients money this way).
For Jane, I made some phone calls to the IRS and quickly discovered that the fee can be adjusted and the entire thing was waived.
Imagine if she had paid it without questioning. That money would have simply disappeared. This is why you must know what you are paying for!
If an unexpected IRS fee has come up, call our office today for assistance.
Please contact our office for an appointment – we’re here to help!
Consultations (800) 913-0809
SMS (224) 676-3577
Ilona Dovidaitiene, EA
President CEO TIP INC
Enrolled to practice before the IRS
Public Notary, QB Proadvisor
United States Tax Services
United States Immigration Services