Recent Posts:Sometimes the IRS does make mistakes….Did you receive a CP14 Notice?Sometimes the IRS does make mistakes….Did you receive a CP14 Notice?
On July 27, 2022, the IRS posted to their website that they have sent *some* erroneous payment due Notices. These Notices, commonly referred to as a CP14 Notice (Unpaid taxes) are commonly sent 30 days after the IRS receives your tax return and there is a remaining balance due. Seems like a simple process, yes? Let’s See….if you owe a balance, then you will receive a CP14 Notice letting you know the amount and when it is due. There is also a posting on the IRS website to help understand this Notice. https://www.irs.gov/individuals/understanding-your-cp14-notice The posting is extremely helpful in understanding your options, and providing electronic solutions to make payments. But, what happens when you have paid that balance? And you received a Notice? First, the fear…..Uh No, a Notice from the IRS, what did I do wrong? Second, what the ?...I paid this. Third, Call IRS……No answer….No answer…No answer….The IRS is currently answering only 9% of phone calls placed to them. This provides for additional fear, anger and frustration in trying to get a simple answer to the IRS by providing proof that you paid. Well, the IRS has identified that in some cases payments made for tax returns were received, cashed, but not posted to the open balances. In the IRS posting: https://www.irs.gov/newsroom/irs-statement-on-balance-due-notices-cp-14 The IRS notes that their programming does not move the payment to a married filing joint account if the payment was made by the spouse via mail, or is received before they post the tax return, or is made electronically, but made through the spouse’s online account. You should never ignore a Notice sent to you from the IRS. If you have used a reputable tax preparer to prepare and submit your tax return, you should share any Notices received with them. Not that the IRS is answering their calls in any greater percentage ☹ However, they will most likely have been called by another client with the same Notice and situation. Making this call can help reduce the fear, frustration, even if it takes the IRS a long time to straighten out your account. Kimberly Williams | 07/29/2022
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