How to Respond to an IRS Letter: A Step-by-Step Guide
Receiving an IRS letter can be stressful, but responding promptly and accurately is key to avoiding penalties. First, read the notice carefully to understand why it was sent. Verify its authenticity—scams are common. Identify the type of IRS notice (e.g., CP503 for unpaid taxes). Gather necessary documents, respond in writing, and keep copies. If needed, seek professional tax help. Timely, organized responses ensure compliance and reduce stress. Stay proactive and protect your finances.
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