Odds are that at some point in your business career you will be contacted by the IRS via mail or in person. The article attached entitled “10 things to know about IRS notices”, was provided compliments UHY LLP, and is an excellent primer on how to handle such contact.
After years of experience with clients and the IRS, an observation I will add is that you should never ignore the notices. While this may seem obvious, on too many occasions clients choose avoidance thinking somehow these matters resolve themselves. Perhaps they conclude there is no risk in this approach as they have no exposure or, even worse, conclude that they have exposure but since they can’t make good on a legitimate obligation too the IRS they don’t feel compelled to respond at all. You should know that avoidance is never an effective strategy.
Even under the worst of circumstances we have found that we are able to work with the IRS and that more often than not they are willing to work with us. This is so unless the IRS feels that the taxpayer simply refuses to responsibly mange the process.
Please copy the following link into your web browser for more detail:
http://archive.constantcontact.com/fs014/1102394474495/archive/1109162382954.html
