I Received an IRS Notice – Do I Really Have to Respond?

On: October 3, 2023

Opening up the mailbox to find a letter waiting for you from the IRS can cause you to panic just a little. You may start to wonder if you did something wrong on your taxes or if you owe money to the IRS.

The truth is, the IRS sends out lots of notices and some of them are to notify you of a collection activity or a balance due, but some are to inform you simply that you are owed a refund.

Receiving a notice from the IRS that is not informational only requires your attention and should never be ignored. If you have received an IRS notice and don’t know what to do, we recommend that you reach out to our experienced IRS tax experts who can help you.

What Exactly Is an IRS Notice?

An IRS notice can range from simply informational to warning you that the IRS is going to seize your assets. If the IRS is sending you a notice, they are doing so for a reason.

Since there are many different types of notices that the IRS can send, it is imperative that you open the letter and find out exactly what it is the IRS is telling you.

Can I Just Ignore the IRS Notice?

You could, but it would definitely not be recommended. Ignoring notices from the IRS can have dire consequences, especially if the notice is to inform you of a debt you owe.

Continued ignoring of the IRS notice can lead to further collection activities by the IRS and before you know it, you could have a revenue officer at your door.

What Types of IRS Notices Are Most Common?

The IRS is most likely contacting you via a notice because you owe them money. The IRS wants their money and is no stranger to making sure they get notices out to taxpayers.

Some other common reasons why you may be receiving a notice include:

• You are due an additional refund
• You are receiving a smaller refund than expected
• You need to provide more information to the IRS
• You need to verify the information that you filed or provided

I Just Learned I Owe Taxes and Can’t Pay – What Do I Do…I’m Afraid to Respond to the Notice 

Not being able to pay your tax liability can put you in panic mode, especially when it feels like the IRS is looking right at you. There are many Americans who receive a tax bill each year and cannot afford to pay it. You are not alone.

If you have received a notice, you should not ignore it. You should review it to better understand how much the IRS says you owe and why. It is recommended that you contact a tax professional to help you at this point as well.

There are options available to taxpayers to help them pay their tax liability. These payment options have stipulations and criteria that taxpayers must meet to be approved. However, if approved for one of the payment plans, taxpayers have the ability to pay their taxes without the stress of financial hardship.

Receive an IRS Notice? Leading Tax Group Can Help You 

Receiving an IRS notice is not something you look forward to, but with the proper representation, you do not need to fear the IRS. Leading Tax Group is here to assist you with all your tax matters including the receipt of any IRS notices.

Our team can assist you in disputing the notice or applying for a program to help you pay back your tax liability. We know how tough the IRS can be and that is why we want to represent you and stand before them so that you don’t have to.

If you have received an IRS notice, give Leading Tax Group a call today to discuss your situation.