Thursday, August 16, 2012

What Never Ever Do, If You Are Being Examined by the IRS


     1.       Review the letter and attachments which the IRS sends you.

2.      Agree or not, to the IRS proposed changes

3.      Do NOT sign anything unless you understand exactly what you are signing.

4.      If you disagree with the IRS’s proposed changes, and have the documentation to prove your case, NEVER send your original document to the IRS.  Make a copy, explain and send to the IRS

Be sure to respond to the IRS by the deadline given in the letter they send to you.

If you agree with the proposed changes, then sign the agreement page of the letter and pay any additional tax, penalties and interest you may owe.

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