Chandler AZ IRS CP-2000 Notice
The Chandler AZ IRS CP-2000 notice is to inform you that certain income items were reported to the IRS but not included on your tax return. Scott Allen E.A. near Chandler AZ will evaluate each of these items to see if you reported them on your tax return where the IRS computers did not look. Scott will also determine if there are deductions to minimize or eliminate the additional tax on the IRS CP-2000 notice. Let me give you one good example of this. A client came in to Scott Allen E.A. that did not report his stock sales because he lost money on each of the sales. The CP-2000 calculated a large tax liability with interest and penalties based on the sales with no cost basis. When Scott reported the cost basis of each of the stock sales, the result was a refund of several thousand dollars.
Scott Allen E. A. near Chandler AZ offers a free initial consultation on IRS CP-2000 notices. Call Scott today at 480-926-9300 to make an appointment. Scott will make today a great day for you!
Recent Success by Scott Allen EA on IRS CP-2000 Notice
Melissa received an IRS CP-2000 Notice on her 2020 tax return she prepared herself. Some information was not reported correctly on her taxes and the IRS sent her a notice of adjustment. She either needed to accept it or protest it. After a discussion with Scott Allen EA he determined that he could protest the IRS notice with an amendment tax return filing. This would correct the issue and remove the additional $10,000 of taxes they were assessing. See the IRS approval letter below of them accepting the amended tax return and removing their assessment.
Receiving an IRS can be scary and rightfully so. But always know that you have options and that is why it is important to meet with an Enrolled Agent professional who deals with the IRS on a daily bases. Scott Allen EA deals with IRS problems and IRS notices on a daily basis. Give him a call if you live in or near Chandler AZ.