Got An IRS Notice? We’ve Seen ‘Em All.
How many different IRS notice numbers are there? Enough to make your head spin. And let’s be honest, the IRS is not exactly clear in its letters about what it wants, or what to do next.
Thankfully, Keeton Tax Law PLLC knows how to handle IRS notices. If you’re here, there is a good chance you received one of the notices discussed below. If your notice is not listed, that is okay. The IRS sends many different types of letters, and we have seen them all.
Below are several of the most common IRS notices, what they typically mean, and what they could mean for your tax situation:
CP2000. Think about it this way - you file your tax return on time, pay the bill, and move on with your life. A few months later, you get a lovely IRS notice letting you know that you forgot to add some income to your tax return. After some head scratching, you remember something small. Maybe you drove for Uber for a week between jobs. Maybe you sold stock. Maybe you forgot about a Form 1099 that arrived late. We see this all the time. If you’ve received a CP2000 IRS notice and don’t want to deal with the headache of sorting out your unreported income and expenses, let Keeton Tax Law take over.
CP14. You filed your tax return owing a bit of money. It happens. If you’re wondering what the IRS does first, it’s sending you this notice. There’s good news and there’s bad news. The good news is you have time to get it address before the IRS begins collection action like wage garnishment, bank garnishment, lien filings, or worse. The bad news is you’re on the IRS’ radar and time is ticking. If you receive a CP14 IRS notice, this is the best time to get ahead of the situation. Keeton Tax Law PLLC can help you evaluate options such as installment agreements, penalty relief, or other IRS resolution strategies.
CP90/LT11/Letter 1058. The IRS has been sending you letters. You know it. I know it. This is the last stop, so to speak. There will be no further notices and 30 days from the date of the letter, the IRS will begin collection action like wage garnishment, bank garnishment, or worse. The good news is that if you act quickly, there are still ways to stop the IRS from collecting. A tax professional can request a Collection Due Process hearing, negotiate a payment plan, or pursue other solutions that protect your income and assets. If you’ve received a CP90, LT11, or Letter 1058 IRS notice, now is the time to act. Keeton Tax Law PLLC helps taxpayers in Las Vegas and across the country respond to and stop IRS collection notices and protect what they have worked hard to build.
If you’ve received any IRS notice and are unsure what it means or how to respond, professional guidance can make the process much easier. At Keeton Tax Law PLLC, we help individuals, families, and business owners understand IRS notices, protect their rights, and resolve tax issues before they become bigger problems. Give us a call today at (702) 530-9709. It’s time to fix your tax issue.