What do I do if I have received a notice from the IRS?
- The first option is the most obvious; pay the amount owed. By the time you get the notice from the IRS, they will probably have already added penalties and interest to the amount.
- The second option would be to call a tax professional, to see if you qualify for the penalty or interest to be removed from the amount you owe. There are several items needed to qualify, so contact them today.
- Speak with a tax professional about a payment plan, installment agreement, or settlement agreement. Any of these options can be helpful if you cannot pay the full amount upfront. They may be able to lower the amount or make it easier to get the amount you owe paid.