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What to Do if You Receive an Unpaid Notice From the IRS

https://twocents.lifehacker.com/what-to-do-if-you-receive-an-unpaid-notice-from-the-irs-1844822628

When coronavirus began sweeping the country, numerous offices were forced to shut down, consisting of government agencies like the IRS. These closures led to processing delays, especially with paper income tax return. As CNBC reports, the companys offices had 12 million pieces of unopened mail this summer– which consisted of tax payments.

You can follow these actions to speak with a human to solve your issue. You may reach an IRS agent Monday through Friday from 7:00 AM to 7:00 PM, and you might avoid long wait times by calling early in the early morning. To prevent these problems in the future, experts suggest filing your tax returns and paying digitally.

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If you got an overdue tax notification, what to do.
You shouldnt worry yet if you made a payment by mail and got an overdue tax notice from the IRS. Inspect your records to see how much you paid and compare it to the notification you received. Presuming these numbers match, you may have less to fret about– and if you do owe money, there are steps you can require to fix it.

When coronavirus began sweeping the nation, lots of offices were required to shut down, including government firms like the IRS. As the IRS continues to works through the backlog, the automated billing system has actually already issued nonpayment notifications. If you made a payment by mail and got an unsettled tax notice from the IRS, you should not stress. You may reach an IRS agent Monday through Friday from 7:00 AM to 7:00 PM, and you might prevent long wait times by calling early in the early morning.

As the IRS continues to overcome the backlog, the automated billing system has actually already released nonpayment notifications. Some folks have actually started to get tax costs– in addition to penalties and late costs. Whats even worse, some taxpayers cashiers checks and money order payments have expired in the unopened stacks of mail.
Luckily, the House Ways and Means Committee Chairman Richard Neal discovered these obsolete notices, and has asked the IRS to temporarily stop sending them. “The IRS must not resume sending notifications to taxpayers until the stockpile has actually been reduced to pre-pandemic levels and taxpayer accounts have been updated,” stated Neal, in an August 19 statement.

Image: WAYHOME studio (Shutterstock).

Double-check to see when the IRS got it if you sent out the payment by licensed mail. According to CNBC, you wont owe charges and penalties as long as the company got your payment prior to the due date, July 15.
While it might be tempting to cancel a check for a payment you sent months back, the IRS states this might be a costly mistake since the company might charge a fee for the bad check. You need to also make sure there suffices money in your bank account for when the IRS procedures your payment.