Hot Tips for The New Tax Year Part 10

DID YOU RECEIVE A NOTICE FROM THE IRS OR THE STATE
SAYING THAT YOU OWE MONEY?

Believe it or not, the government could be wrong! Many taxpayers pay these notices without
researching the facts first. More than half of these government bills are incorrect! In most situations,
the taxpayer need only send an additional form or supplemental documentation to back up their
original return, thereby eliminating the erroneous bill. If you should receive such a notice or bill,
please feel free to call us. We can help you prepare the required forms or supporting letters and help
determine whether or not a liability really exists.

Be Careful When Asking The IRS! In past seasons, IRS personnel have failed to give the
right answer over 40% of the time (if and when you get through). The questions were asked by
auditors from the Treasury Inspector General’s Office who posed as taxpayers seeking help in the
IRS Taxpayer Assistance Centers.

Volunteer Preparer Foul-Ups! Although most of the tax returns prepared by Volunteer
Income Tax Assistance (VITA) were basic in nature, according to reports released by the Treasury
Inspector General, over 60% of the tax returns prepared by the federal government’s VITA program
were inaccurate. Lesson: You get what you pay for.

How to Avoid Social Security Number Problems. When changing your name due to
marriage, divorce, etc., you must notify the Social Security Administration (SSA). The name on
your tax return must match the name the SSA has on its records for the tax return to be accepted by
the IRS. Newborn infants must also have their Social Security Number (SSN) provided on the tax
return. The IRS will not allow you to file your tax return if the SSNs are not provided.

For more tax tips from Tax & Accounting Plus check out their website.