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Message
re: Got a letter from the IRS Yesterday
Posted on 8/17/20 at 12:30 pm to The Torch
Posted on 8/17/20 at 12:30 pm to The Torch
quote:
This is why you pay a CPA
Yes and no. I have a CPA and still have these issues and they help with some but I still have to usually get involved.
OP, I've had an underpayment before that I received in say October. I mailed the check by Nov 1, then in December I got another letter saying I have the same underpayment with additional interest. I called the IRS and they said my I no longer had a balance.
As said, its likely an error and easy to clear.
1
Posted on 8/17/20 at 2:45 pm to baldona
quote:
Yes and no. I have a CPA and still have these issues and they help with some but I still have to usually get involved.
I have a CPA and have to go through mine carefully pre-filing which takes a good bit of time. 2019 I caught a $19k+ Fed taxable interest omission but state filing would have been correct, although that was the first time something like that happened in 10 years of him doing my taxes. Also received an IRS letter in 2016 in which they incorrectly categorized a RE transaction and it took 3 months to fix as their reading comprehension was awful. At the end of the day, he will represent me for free dealing with the IRS so it's worth paying him.
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