Tax
Aug. 3, 2023
IRS notice and demand letter causes confusion
Any kind of correspondence from the IRS can provoke anxiety, so many Californians are understandably apprehensive and confused about how to respond to this letter. At this point, the best strategy may be to simply ignore it.
Phil Jelsma
Partner and Chair of the Tax Practice Team
Crosbie Gliner Schiffman Southard & Swanson LLC (CGS3)
Email: pjelsma@cgs3.com
Phil is chair of the tax practice team at CGS3. He is recognized as a leading joint venture and tax attorney, with a 30-year background in real estate exchange transactions, syndications, nonprofit corporations and international tax planning.
In recent weeks, many individual taxpayers and business owners in California have received an ominous looking "notice and demand" letter from the Internal Revenue Service (IRS). Any kind of correspondence from the IRS can provoke anxiety, so many Californians are understandably apprehensive and confused about how to respond to this letter. At this point, the best strategy may be to simply ignore it.
Tax rel...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In