A recent survey by the National Association of Enrolled Agents asked its members to name the most common reasons for the IRS to reach out to a taxpayer proposing changes to their tax returns.Topping the list? Independent contractors who failed to report payment received for their work.
What are the biggest mistakes that taxpayers make in responding to an IRS notice? Pretty much everything … Never go it alone and guarantee you will receive help if you receive a letter from the IRS or your state taxing authority by enrolling in our Protection Plus program before your return is electronically filed. Inform us as soon as possible if you want this service added to the electronic filing of your federal and state income tax returns.
Enrollment in Protection Plus ensures you have immediate access to experienced help in the case of an audit or inquiry letter for a one-time fee of $98.95. You are guaranteed help interpreting notices or correspondence from the Internal Revenue Service and your state taxing authority, guidance to resolve your case, help getting denied tax credits funded, and assistance with suspected tax fraud incidents, immediately.
Last year, the IRS sent out over 5 million letters to taxpayers (2). Letters from the IRS or your state taxing authority can be confusing and overwhelming. We understand that you want to know you will have help if you receive a letter from the IRS or your state taxing authority and Protection Plus assists with both Federal and State returns.
Reduced staffing and increased automated audits at the IRS (now over 5 million annually) make anyone susceptible to receiving an inquiry or audit. Your enrollment in Protection Plus ensures you have access to experienced, professional case resolution managers who work directly with you in the case of an audit or inquiry letter, all year long. In the case of a suspected tax fraud incident, Protection Plus assists in completing all required paperwork to get your tax return successfully filed. Protection Plus works with the taxing authorities to help get denied credits such as Earned Income Credits, Child Tax Credits, and Education Credits funded. If you owe tax debts to the IRS or state taxing authority, Protection Plus will assess all taxes, penalties, and interest to identify all debt resolution options and provide advice on the best course of action. Finally, your enrollment in Protection Plus guarantees our firm’s services. If a legitimate preparer error is made during the filing of a tax return, you may be reimbursed for added expenses incurred up to $2,500 (3).
- (1) https://www.taxprotoday.com/slideshow/the-top-reasons-the-irs-sends-notices-for-incorrect-payments
- (2) Treasury Inspector General Tax Administration, Ref #2015-30-037, May 8, 2015.
- (3) Subject to the terms, conditions, limitations and exclusions outlined in the Tax Reimbursement Program Terms and Conditions.
Nothing beats being a few steps ahead- be prepared with Protection Plus and let us know as soon as possible if you are interested in adding this service to the electronica filing of the attached income tax returns. To learn more, start a claim, or reach out to a team member with a question, visit https://TaxProtectionPlus.com, or call (866) 942-8348, Monday – Friday 8:30am – 5:30pm ET..
