Category: Tax Notices

IRS Notice of Deficiency and Form 5564

5 May, 2024 | Tax Debt Tax Notices

What is an IRS Notice of Deficiency? An IRS Notice of Deficiency is an official letter you receive from the IRS if the tax agency determines that you owe them more money after you’ve already filed your yearly income tax return. This claim will happen if the IRS makes a legal determination that you owe additional income tax. This notice will note the unpaid tax debt plus interest and could potentially include penalties, too. The IRS might determ... CONTINUE READING

What to Do If You Get IRS Notice CP503

8 September, 2023 | Tax Notices

Taxpayer's Guide to the IRS CP503 Notice IRS Notice CP503: Second Reminder of Unpaid Taxes If you owe taxes, the IRS sends out numerous reminders and demands for payments. The CP503 notice is generally the second notice that the IRS sends, and it comes after the CP501. If you don't respond to CP503, the IRS will send CP504, which gets much more severe. Tired of... CONTINUE READING

Taxpayer’s Guide to the IRS CP504 Notice

1 September, 2023 | Tax Notices

Help! I Received IRS Notice CP504 What to Do If You Receive Notice CP504 Receiving notices from the IRS can be stressful. The letters often use confusing language and outline all of the scary things the IRS can do if you don't pay. When you have an unpaid tax debt, the IRS usually sends a few letters to remind you about the balance, and then the agency starts sending more serious le... CONTINUE READING

What Does IRS Notice CP2000 Mean? What to Do?

1 June, 2023 | Tax Issues Tax Laws Tax Notices

Taxpayer's Guide to IRS Notice CP2000 What to Expect if You Receive a Notice About Underreported Income The IRS sends out Notice CP2000 to taxpayers who have underreported their incomes. This notice makes changes to your tax return, and if you don't respond, you will incur a tax bill. Wondering what to expect? Not sure why you got this notice? Then, keep reading for an overview. To get help now, contact us at The Timothy S. Hart Law Group, P.C., toda... CONTINUE READING

Taxpayer’s Guide to IRS Notices and Letters

10 May, 2023 | Tax Notices

Help! What Does This IRS Notice Mean? Receiving a notice from the IRS can be stressful and confusing. These notices are often intimidating and hard to understand, but to help you out, we've put together resources on the most common IRS notices. To learn more, check out the following links or contact us directly. At the Timothy Hart Law Group, we are devoted to helping clients deal with their IRS and state tax issues. We can help you decipher your notice and deal with your tax proble... CONTINUE READING