IRS Letters: Tax Scam or Something You Need to Address? | Long Island Tax Solutions

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IRS Letters: Tax Scam or Something You Need to Address? Long Island Tax Solutions

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In order to help you determine whether the IRS letter you received is a scam or something you need to address, experts from Long Island Tax Solutions have mentioned some important tips and information in this document.

Transcript of IRS Letters: Tax Scam or Something You Need to Address? | Long Island Tax Solutions

Page 1: IRS Letters: Tax Scam or Something You Need to Address? | Long Island Tax Solutions

IRS Letters: Tax Scam or Something You Need to Address?

Long Island Tax Solutions

Page 2: IRS Letters: Tax Scam or Something You Need to Address? | Long Island Tax Solutions

Steps To Follow If You Receive An IRS Letter?

1. If you receive a legitimate letter from the IRS, you need to take action to address whatever the IRS needs. There are many situations where the IRS is simply sending you a notice, and you may not have to do anything.

2. However, if the IRS is requesting additional information, it is important to completely understand what they need and act quickly to address the letter.

3. Tax letters can be confusing because it may not be clear what the IRS needs or how you should get the information to them. Consult tax professional, they will be able to help you decipher the tax letter and share the right information with the IRS. They are also better able to tell a legitimate letter from a scam as well.

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Most Common Reasons Why IRS Send Letters

● You have a tax balance due● The IRS has a question about your tax return● Identification verification● To notify you about a change in your tax return● You are due a smaller or larger tax refund● To get additional information about your taxes● Notification about a delay in processing your return

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How Often Does the IRS Send a Tax Letter?

The IRS sends literally millions of letters to taxpayers every year for various reasons. In most cases, the letters do not deal with audits. In fact, the IRS audits just 0.5% of all returns submitted, which amounts to approximately one million tax returns.

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What Are the Methods of Communication That the IRS Uses to Contact Taxpayers?

● In most cases, communication with the IRS will start with a letter.

● There are a few more time-sensitive situations where the IRS will use a different method of communication to initiate contact. Delinquent tax returns and overdue tax bills are the most common reason.

● The IRS can occasionally show up to your home or business unannounced to conduct an audit or as part of a criminal investigation. Note that these circumstances are rare; most contact starts with an IRS letter.

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How to Avoid a Tax Scam

Things you can do to avoid scam include:

● Never give debit, credit, or bank account information out over the phone● Never respond to social media or text messages; the IRS does not contact

people in this way● Check your tax account information online at IRS.gov● Read your tax letter carefully to check for visible signs of errors or

omissions

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For more info: Visit Long Island Tax Solutions

Address: 1352 Stony Brook Road Stony Brook, NY 11790

WEB URL: www.longislandtaxsolutions.com