by Bob Jablonsky | Dec 17, 2024 | CP2000 Notice, IRS Audit, IRS Problems
The CP2000 notice is issued by the IRS when there’s a discrepancy between the information you reported on your tax return and what third parties (such as employers, banks, or financial institutions) reported to the IRS. What to Do If You Receive a CP2000 Notice...
by Bob Jablonsky | Dec 4, 2024 | IRS Audit, IRS Problems, Uncategorized
For many taxpayers, the word “audit” evokes a sense of dread. The idea of the IRS combing through your tax return can feel overwhelming. However, most audits are the result of clear triggers that the IRS uses to identify potential discrepancies. By...
by Bob Jablonsky | Nov 19, 2024 | IRS Problems
Use First Time Penalty Abatement to Remove IRS Penalties If you’ve ever found yourself hit with an IRS penalty, you know penalties can add a significant amount to your tax bill and, if left unchecked, may even lead to more complications including additional interest,...