The IRS Notice: What to Do and Not Do

Don't put it away unopened in a drawer and forget about it. It probably isn't as bad as you think it is going to be. Respond as soon as possible. It makes the IRS happy and  could keep you out of trouble. Keep in mind that sometimes you have to wait about 45 minutes before you can get someone on the phone at the IRS. If you don't respond , the IRS computer will keep mailing you more serious notices with consequences like more penalties and interest. Send a copy to your CPA if you want him to handle it. Also, the earlier the CPA sees it, the more help he can be. Your CPA will usually need a power of attorney to discuss your notice with the IRS. Don't procrastinate!