One of the things that no one ever wants to see in the mailbox is an IRS notice. But if you happened to receive one – don’t panic (or move it back to the pile, hoping it’ll disappear on its own, no matter how tempting that may be)!
It’s not surprising at all if a lot of people get notices from the IRS especially after tax time. And we have just come out of one of the hardest tax seasons in history – the 2020 tax season. It was tough for several reasons, the biggest one being the COVID-19 pandemic, which spurred on a lot of tax law changes and delays.
I know a lot of people tend to freak out upon receiving an IRS notice, but this is actually a pretty routine thing. Inside the video, I talked about the steps that you can take if you happen to see one in the mail, as well as some important tips to keep in mind.
Here are the types of notices that you might receive:
Watch the video above to learn more about the right course of action you need to take when you get a notice from the IRS. But the most important thing to remember when you see that IRS notice in the mailbox is this: don’t panic!