Finding a notice from the IRS in your mailbox can be stressful, but the most important thing is not to ignore it. IRS notices often include deadlines, and responding promptly can help protect your rights and prevent the issue from becoming more serious.
Here are five steps to take right away:
Read the Notice Carefully
Take time to review exactly what the IRS is saying. Check the tax year involved, any balance listed, and whether the IRS is requesting documents or a response.
Compare It to Your Records
Review your tax return and supporting documents to […]