IRS Independent Office of Appeals:   

If you do not agree with the IRS…and Do Nothing… Part I

IRS Independent Office of Appeals:   

If you do not agree with the IRS…and Do Nothing… Part I

If You Do Nothing…

And Your Case Is…

An examination of your income, estate (and generation-skipping transfer), gift (and generation-skipping transfer), or certain excise taxes or penalties, with a proposed deficiency

The IRS will….

Send you a notice of deficiency allowing you a limited time to petition the U.S. Tax Court for redetermination. If you don’t timely petition the U.S. Tax Court, the IRS will send you a bill for the amount due.

If You Do Nothing…

And Your Case Is…

An examination of your employment tax liabilities

The IRS will…

Send you a bill for the amount due relating to issues not reviewable by the U.S. Tax Court. In certain instances, you may receive a Notice of Employment Tax Determination Under IRC 7436 which affords you a limited time to petition the U.S. Tax Court. If you don’t timely petition the U.S. Tax Court, the IRS will send you a bill for the amount due relating to the issues included in that notice. Refer to Publication 5146, Employment Tax Returns: Examinations and Appeal Rights; and Publication 3953, Questions and Answers About Tax Court and the Notice of Employment Tax Determination Under IRC § 7436.

Next week:  Continuation of the Appeal Process – Do Nothing Part II

(IRS Publication 5)  (TTT 020624)