IRS Notice CP-2000: Signal to Do Something--NOW | (734) 358-6314

Nothing seems to instill fear in the heart of red-blood Americans like getting a letter from the Internal Revenue Service.

One of more common letters a person will receive is Notice CP-2000. Notice CP-2000 merely suggests that there may be changes needed on your tax return. These notices are generated by computers, and they were generated because they were not able to clearly match some figures on your tax return with IRS data.

Sometimes, you really did miss reporting something on your tax return, such as income earned as a subcontractor and the IRS received a form 1099-Misc. Perhaps you never received your copy, but the IRS did. If it was not included in your tax return, you have two options:

· Pay the tax they claim you owe, or

· Amend your tax return if you have expenses to claim against the income.

You may not need a tax professional to deal with a Notice CP-2000, but you need to deal with it. If you ignore Notice CP-2000, the IRS will assume you owe the taxes proposed and will begin collection action.

If you pay the proposed tax in full, you will not need the help of a tax professional. However, if you cannot pay the proposed tax in full, or feel you do not owe the amount of tax proposed, you may benefit using a tax professional.

Who are tax professionals? Tax attorneys, CPAs, enrolled agents, and unenrolled preparers. Tax attorneys are attorneys who specialize in tax issues. CPAs (certified public accountants) are accounting professionals licensed by state boards of accountancy. Enrolled Agents are licensed by the Department of Treasury to represent taxpayers before the IRS. Unenrolled preparers (all other tax professionals) can only represent someone for whom they prepared a tax return, and then only on a Revenue Officer level. Unenrolled preparers cannot represent any taxpayer at Appeals level or higher.

Submitted by:

Daniel Bosler, Enrolled Agent, Vice President of Renie Kate, Inc. 202 6th Street, Fenton, MI 48430. (734) 358-6314. http://www.danbosler.com.

Dan is available to provide tax resolution and tax help for tax problems in Flint, Michigan; to provide tax resolution and tax help for tax problemsin Linden, Michigan; to provide tax resolution and tax help for tax problems in Fenton, Michigan; to provide tax resolution and tax help for tax problems in Holly, Michigan; to provide tax resolution and tax help for tax problems in Brighton, Michigan; to provide tax resolution and tax help for tax problems in White Lake, Michigan; and in the surrounding areas.