Understanding why you received a notice from IRS
It is possible that this year, certain taxpayers will receive a CP2000 notice from the IRS. The Notice provides detailed information about problems identified by the IRS. Here is some information to help you understand why you received a notice from the IRS and what you can do:
- The IRS sends a CP2000 notice to the taxpayer when the information on a tax return does not match the data reported to the IRS by banks and other third parties.
- This CP2000 notice is not a formal audit notification. It is simply a notice to see if you agree or disagree with the proposed tax changes.
- If we prepared your tax return please fax, upload or bring us a copy of the IRS Notice you received so that we may review the proposed changes as per your engagement letter with CD Tax & Financial.
- If you want to try and resolve the notice yourself, the IRS provides a telephone number in each notice. Generally, you have 30 days after the date printed on the notice to respond.
- The IRS will send a CP3219A Regulatory Notice of Deficiency notice to you if you do not respond to the first Notice CP2000, or if the agency cannot accept the additional information provided.
A Notice CP3219A provides detailed information about why the IRS proposes a tax change and how the agency determined the change. The notice informs you of your right to challenge the decision in the Tax Court if you decide to do so.
Stay Up To Date on Taxes that Affect You!! Subscribe to our General Taxpayer Weekly Tax Tip that includes bite-size and informative tips on tax and financial changes, Monthly Client Update Newsletter, and updates on our events and seminars. Follow CD Tax on Facebook!