Episode Synopsis "IRS Letters"

We have had several clients receive letters from the IRS about the amount they received from their stimulus checks.  The first step is to compare what was reported to the IRS through the tax return to the amount the IRS reports they sent.  This is how you check the records on IRS.gov: https://sa.www4.irs.gov/eauth/pub/login.jsp?Data=VGFyZ2V0TG9BPUY%253D&TYPE=33554433&REALMOID=06-00029c6a-0543-17b0-89b8-163b0acf40c7&GUID=&SMAUTHREASON=0&METHOD=GET&SMAGENTNAME=UOkC7yx4eMTO24FGxPfBRb5q3Mj3Xh3pyXfBEjYyHJ97nGCXu16wx5MzFHjfZmlG&TARGET=-SM-HTTPS%3a%2f%2fsa%2ewww4%2eirs%2egov%2fola%2ftax_records%3fGMP%3d1

Listen "IRS Letters"

More episodes of the podcast Hot Topic Accounting

• IRS Letters
• American Families Plan
• American Rescue Plan - 2021 Child Tax Credit
• Where's My Refund?
• ROTH Conversions
• What You Need to Know About Individual Retirement Accounts (IRA)
• Tax Season 2020
• Passthrough Entities – S-Corps and Partnerships
• Setting up an LLC - Protection for the Taxpayer
• Self-Employment Tax Guidelines
• Welcome to Hot Topic Accounting