Accounting and Tax
IRS Notice CP23: How to Correct an Estimated Tax Payment Mismatch
IRS Notice CP23 means the estimated tax payments reported on your tax return do not match the payments posted to your IRS tax account. The Internal Revenue Service adjusted the […]
Accounting and Tax
Collection Statute Expiration Date: When Does IRS Tax Debt Expire?
A collection statute expiration date is the deadline that normally ends the IRS collection period for a specific tax assessment. The IRS generally has 10 years from the assessment date […]
Accounting and Tax
IRS Audit Reconsideration: How to Reopen an Audit With New Evidence
Audit reconsideration lets you ask the Internal Revenue Service to review an audit assessment again when the IRS did not examine key records, you missed the original audit, or the […]
Accounting and Tax
CP59 Notice: What to Do When the IRS Says Your Tax Return Is Missing
A CP59 notice means the IRS has no record of your prior-year personal tax return. You need to file the missing return or explain why you were not required to […]
Accounting and Tax
CP90 Notice: Final IRS Levy Warning and Your Appeal Rights
A CP90 notice is a final IRS warning that it plans to levy property or payments for unpaid federal taxes. It also gives you the right to request a Collection […]
Accounting and Tax
Form 9423: How to Appeal IRS Collection Actions
Form 9423 lets you appeal certain IRS collection actions through the Collection Appeals Program, also called CAP. You can use this collection appeal request for a proposed or filed Notice […]
Accounting and Tax
CP3219A Notice: What to Do After an IRS Deficiency Notice
CP3219A is a statutory notice of deficiency that tells you the IRS plans to increase your income tax. It means your case has reached a later stage after the IRS […]
Accounting and Tax
CP508C Notice: Passport Risk From Serious IRS Tax Debt
CP508C is an IRS notice stating that your seriously delinquent tax debt has been certified to the U.S. State Department. This certification can block a new passport or a renewal […]
Accounting and Tax
CP523 Notice: What Happens When an IRS Payment Plan Defaults
A CP523 notice means the IRS plans to terminate your installment agreement because the account has entered default status. The letter also warns that the IRS may take collection actions […]
Accounting and Tax
Form 656: How to Submit an Offer in Compromise to the IRS
Form 656 lets taxpayers ask the IRS to settle eligible federal tax debt for less than the full amount owed through an offer in compromise. The IRS reviews income, expenses, […]