Eight things to know if you receive an IRS notice

Say, have you received a notice from the Internal Revenue Service lately? Every year the IRS sends millions, upon millions of letters and notices to taxpayers. However that doesn’t mean you need to panic. Here are eight things every taxpayer should know about the Internal Revenue Service notices should one of them find its way to your mailbox.

IRS Notices and Bills, Penalties and Interest Charges

April 15th is the deadline for most people to file their individual income tax return and pay any tax owed. Tax returns are checked for mathematical accuracy. If there is any money owed, you will be sent a bill. Generally, interest is charged on any unpaid tax from the due date of the return until [...]