A CP2000 sounds as if you could whip
through curves while a bucket leather seat grips your body, holding steady as
the second hand of a fine Swiss watch. But if you’ve ever received a CP2000,
you know it’s no fun at all. The Internal Revenue Service will send a taxpayer
this notice if they have underpaid (or altogether failed to pay) their tax
liability, or has failed to report all their
income as reported to the IRS through employers, banks, or other sources.
There are many reasons for discrepancies in reported income and tax liability, ranging from a simple typographical error to outright fraud. In some cases, the IRS has been the one to err. If a taxpayer just accepts the IRS amount, they could end up paying serious penalties and late charges when a little specialized knowledge could relieve the entire burden. If a taxpayer opted for preparation from a chain-oriented tax service and received this – or another of a myriad of notices – they might be forced to pay excessive fees for representation or even be left high and dry to deal with the IRS themselves.
As a Certified Public Accountant, I’m qualified to practice tax advocacy in front of the IRS. Even if you’ve had a chain store prepare your return, I can review your notice and tax return to determine the true discrepancy, if any. I can also go to bat for you by contacting the IRS to discuss the issue, find common ground, and reach a viable resolution. Tax advocacy takes a dedicated individual with the skills necessary to weave through the winding curves of tax regulation to achieve the best outcome for you, the client. So even if the IRS sends you the surprise gift of a new CP2000, you don’t have to crash and burn.
There are many reasons for discrepancies in reported income and tax liability, ranging from a simple typographical error to outright fraud. In some cases, the IRS has been the one to err. If a taxpayer just accepts the IRS amount, they could end up paying serious penalties and late charges when a little specialized knowledge could relieve the entire burden. If a taxpayer opted for preparation from a chain-oriented tax service and received this – or another of a myriad of notices – they might be forced to pay excessive fees for representation or even be left high and dry to deal with the IRS themselves.
As a Certified Public Accountant, I’m qualified to practice tax advocacy in front of the IRS. Even if you’ve had a chain store prepare your return, I can review your notice and tax return to determine the true discrepancy, if any. I can also go to bat for you by contacting the IRS to discuss the issue, find common ground, and reach a viable resolution. Tax advocacy takes a dedicated individual with the skills necessary to weave through the winding curves of tax regulation to achieve the best outcome for you, the client. So even if the IRS sends you the surprise gift of a new CP2000, you don’t have to crash and burn.
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