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Summons – How the IRS Gathers Information (Part II)

Topic: Summons – How the IRS Gathers Information (Part II)

If the IRS serves a third-party summons to determine your tax liability,

you’ll receive a notice indicating that we’re contacting a third party. Third parties can be financial institutions, record keepers, or people with information relevant to your case. They won’t review their information or receive testimony until the end of the 23rd day after the notice was given.

You also have the right to:

• Petition to reject (“quash”) the summons before the end of the 20th day after the date of the notice, or

• Petition to intervene in a suit to enforce a summons to which the third party didn’t comply.

If the IRS issues a third-party summons to collect taxes you already owe, you won’t receive notice or be able to petition to reject or intervene in a suit to enforce the summons.

(IRS Publication 594 and IRS.gov) (TTT 08/24/20)