Thursday, January 9, 2020

Taxpayer Rights

Tax season is approaching, be aware you have rights if it comes problem when paying your personal or business tax:
The Tax Payer Bill of Rights 10 crucial points:







Examination


The IRS accepts most returns as filed but if your return is audited, you have rights. If the IRS proposes additional tax and you don’t agree that you owe it, you have the right to challenge that decision.



  • Publication 556: Examination of Returns, Appeal Rights, and Claims for Refunds

Collection
 

If the IRS moves to collect overdue tax from you, you have rights. If you owe tax but can’t pay in full, you may be able to pay in installments or appeal the collection action.



  • Publication 5107: The IRS Collection Process: Your Rights and Responsibilities





Appeals


You have the right to appeal many actions the IRS taken in examination and collection.








    • Publication 5: Your Appeal Rights and How to Prepare a Protest if You Don't Agree
    • Source: www.IRS.GOV