The most important thing is that you do not panic or ignore the notice. Most of these notices are for simple things like mathematical errors or even for items that you missed on your return that now may result in a favorable outcome to you.
The IRS has an excellent list of things you should know about when receiving a notice in IRS Summer Tax Tip 2009-22.
Item 8 from the list is extremely important. In practice there have been numerous times that clients have had to send in the requested items two or even three times due to paperwork being misplaced at the IRS, a different agent being assigned or that the case has been transferred to a different office.
You should also send any response to a notice via certified mail to prove that you have submitted your response by the specified timeline in the notice.
To access the list please click the following link from the IRS’ website. IRS Tax Tip 2009-22
This article was written by Jay Kossen, CPA at Numerico, PC. Click here to view Numerico’s website.