Understanding IRS Notice CP12

Understanding IRS Notice CP12

Receiving a letter from the IRS can understandably cause anxiety. However, not all IRS communications are negative. The CP12 Notice is an official letter informing taxpayers that the IRS has made an automatic correction to their tax return—usually due to a...
Understanding IRS Letter 531

Understanding IRS Letter 531

When the IRS completes an audit and proposes changes to a taxpayer’s return, it often issues IRS Letter 531. This document, formally titled “Notice of Proposed Adjustment,” signifies a turning point in the audit process. While not a statutory notice of deficiency, it...