An official website of the U.S. Gov An official website of the U.S. GovLetter 4800C is mailed to taxpayers informing them that the IRS is proposing a deficiency or disallowing a claim for refund or a credit for a subsequent period’s estimated tax.
Unlike employees, independent contractors are responsible for remitting their own income tax payments, meaning they must make up to four estimated tax payments during the year.
The IRS resumed sending automated collection notices in January following a lengthy, but much needed, pause to address paper processing backlogs that built up during the pandemic. Recently the IRS began sending Intent to Levy notices, including Federal Payment Levy Program (FPLP) notices. The FPLP is an automated process the IRS uses to systemically levy federal payments owed to taxpayers, including Social Security benefits.
No matter what kind of collection notice you receive, don’t ignore it! Ignoring a collection notice can have costly consequences.
Here are some tips to assist you if you receive an IRS collection notice.
The 2022 Objectives Report presents an assessment of the 2021 filing season, identifies key objectives the Taxpayer Advocate Service (TAS) will pursue during the upcoming fiscal year, and contains the IRS’s responses to each of the 73 administrative recommendations the Advocate made in her 2020 Annual Report to Congress.
On Wednesday, January 12, 2022, I released the National Taxpayer Advocate’s 2021 Annual Report to Congress and the fifth edition of the National Taxpayer Advocate’s Purple Book, which presents legislative recommendations designed to strengthen taxpayer rights and improve tax administration for all taxpayers.
Taxpayer receives a notice or letter from the IRS and either chooses to respond to the notice or letter by paying their tax balance in full and/or filing missing tax returns; or pursuing a payment option; or the taxpayer chooses not to respond.
For years, I’ve been writing about the problems with how the IRS runs the Individual Taxpayer Identification Number (ITIN) program. ITINs are required for persons who are not eligible for a Social Security number (SSN), but who have a tax filing requirement.
Don’t let a passport revocation ruin your international travel plans The Internal Revenue Service is urging taxpayers to resolve their significant tax debts, $64,000 or more, to avoid putting their passports in jeopardy. If you owe $64,000 or more and haven’t made payment arrangements, please contact the IRS now to avoid travel delays later.
