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Is the IRS Sending Collection Notices?

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Education & Training with Tax Raj Solutions LLC

I represent taxpayers in Boulder, and Denver Metropolitan, CO who have issues with unpaid taxes  and outstanding tax liabilities, back taxes and wage garnishments.

 

Is the IRS Sending Collection/Audit Notices?

 Short answer is “yes


On May 26, 2022,  The IRS updated audit numbers showing that the IRS's tax collection activities are taking place even with other  issues of unprocessed tax returns inventory and understaffing.  The data book release date is  September 2021 and it contains audit rates for 2019, where the IRS can continue to enforce collection activities. The audit rates in the data book are a  “snapshot” of activity in time. The data will change over time as open examinations close and new ones are initiated.

 

It is important to remember that once the tax returns are filed and accepted by the IRS, the tax returns are open for adjustments/audits and new assessments  for three years.


The table to the right shows that the audit rate doubled in the last seven months in every income category above $50,000; the audit rate for the 1 million - 5 millions more than doubled and taxpayers earning more than 10 millions jumped four times -  reaching 8% .

 

 

 

This report provides real time estimates of the ongoing work that the IRS is taking steps to deal with high end noncompliance.

 

If you want more information click here

 

If you or someone you know has additional questions regarding filing past due taxes, tax payments, levies and Liens business expenses tracking or other tax related matters, give me a call or send me a message. 

 

Related Resources

 

Can the IRS Send you a Notice if You have a refund Due?

Haven't Filed Your Tax in a While? No Problem!

Are You Year(s) behind in Filing Your Tax Returns?

IRS Letters & Notices!

Requirements to Get on a Payment Plan with the IRS

 

If you would like to receive free list (either or short list) of steps to take deal with the IRS, please send me an email: raj@taxrajsolutions.com


Many tax preparers and accounting professionals are extremely busy due to the complexity of tax regulations brought about by the COVID-19 pandemic and the IRS collection efforts to contact taxpayers with unfiled tax returns. If you or somebody else you know are having IRS issues please feel free to contact me at raj@taxrajsolutions.com or call me 301-461-2022. The IRS doesn't like to be ignored. Be proactive.

Enrolled agents are federal tax practitioners licensed by the Treasury Department.