Taxpayers Who Receive an IRS Notice � 2021 | Best Guide

Finn Kevin01 Apr, 2022Finance

Receiving an IRS notice is usually no cause for alarm. Every year the IRS sends millions of letters and notices to taxpayers. In the event one shows up in your mailbox, here are ten things you should know. 1) Don?t panic. Many of these letters can be dealt with very simply. 2) Don?t ignore it. Most of these letters have a ?reply by? date. Inaction can lead to additional interest and penalties or more aggressive action from the IRS.