With the New Year just around the corner families in Massachusetts come together to celebrate the close of 2011 with those who are closest to them. They gather around the Christmas tree and share stories, exchange gifts and enjoy one another’s company. Nothing puts a damper on the holidays more than a notice from the IRS about a tax audit or a claim that you still owe money from last year.
According to tax experts, more individuals are receiving notices concerning their taxes. The first step in dealing with a tax notice is to take a deep breath and read the notice carefully. Make sure to look at exactly what the notice says, whether any interest or penalties are due and what the deadline for responding is. Next, consult a Massachusetts tax attorney.
A tax attorney can answer all of your questions about tax notices and any tax-related issue. Looking at a notice can be especially frightening because face it, taxes are confusing. A notice often sounds much more complicated and scarier than it might be in reality.
Your tax attorney can walk you through exactly what the notice means and what steps you will need to take in order to resolve the issue. The attorney will lay it out in plain language for you and answer any questions that you may have.
Many of the notices are for tax issues that can be disputed. If you discuss anything concerning the issue with a government official, write down the name and what was said.
Many tax issues deal with an alleged underpayment of taxes. Often the underpayment is the result of a simple math error or other unintentional reason. Your attorney can help determine where a mistake was made and can negotiate a repayment plan or the possible waiver of penalties.
Source: OC Register, “Tax notices needn’t ruin your holidays,” Patrick Harper, Nov. 28, 2011