Why am I being selected for an audit? Selection for an audit does not always suggest there’s a problem. The IRS uses several different methods: Random selection and computer screening – sometimes returns are selected based solely on a statistical formula. We compare your tax return against “norms” for similar returns. We develop these “norms” from audits of a statistically …
You Have A Balance Due CP14 Letter
You Have a Balance Due – CP14 Filing your return is sometimes not your only contact with the IRS for the year. If the tax agency finds errors on your return that lead to a tax assessment, they will send Notice CP14 for collection. Usually, taxpayers receive this notice within four weeks from the time of the processing of their …
What To Do If You Can’t Pay Your Tax Bill
What Can you do if you can’t pay your tax bill? You know you owe taxes! You know you don’t have the financial means to pay them right now. What do you do? It is time to take action! Learn your options now! Contact RMS Tax Consulting and let them take action for you! RMS will remove the threat …