RONALD J. CAPPUCCIO, JD, LLM (TAX)


TAX, BUSINESS AND ESTATE ATTORNEY

QUESTIONS
856.665.2121

Notice from the IRS? IRS audit and tax collection letters

IRS Letters

 

Did you receive a letter or IRS Notice? Is it a Certified Letter? STOP!!!

 

Do not call or contact the IRS. Anything you say will be used to hurt you and your business. If you have not filed tax returns and the IRS asks "did you know you had to file tax returns?" If you answer "yes" you have just admitted to a federal crime!

If you are asked:

"where do you bank?" 

"where do you work?"

"do you have any credit cards"

All of these questions are designed to get information so the IRS can wipe out your bank accounts, levy your wages, and take your assets.

 

If you get a notice from the IRS, Please call Ronald J. Cappuccio, J.D., LL.M.(Tax) at 856 665-2121

 

IRS Audit Notice

If you receive a letter from the IRS asking you to call for an audit, immediately call your tax attorney. Some audits are minor and based upon simple calculation errors or inadvertant exclusions of 1099s. Most audits, especially to business owners can be Big Trouble. Before you respond, your tax attorney should review the notice and the entire situation. Nothing you say to the Revenue Agent or Tax Examiner (what the IRS calls "Auditors") can help.

 

IRS Letter 5043

The latest attack on small business owners is letter 5043. This letter states that you have received a disproportionately large amount on your 1099-k forms for credit card sales compared to totall income. The IRS thinks you are hiding cash. The responses must be timely and carefully crafted to prevent a full IRS intrusive audit.

 

See my full article on 5043 letters