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IRS Notice Audit Letter 525

IRS Letters 525, 692 & 1912 (LTR 525, IRS Letter 525, LTR 692, IRS Letter 692, LTR 1912, LRS Letter 1912) are just cover letters for a Form 4549.  They outline the processes to take whether you agree or disagree with the findings.

 

Outlines the processes to take whether you agree or disagree with the audit findings

 

 

 

 

 

 

 

 

 

 

Letters 525, 692 & 1912 Notice of Return Adjustment and Appeal Rights

 

IRS Letters 525, 692 & 1912 (LTR 525, IRS Letter 525, LTR 692, IRS Letter 692, LTR 1912, LRS Letter 1912) are just cover letters for a Form 4549.  They outline the processes to take whether you agree or disagree with the findings.

Please do not sign the Form 4549 without legal advice.

The best way to handle any legal process is to 1) prepare your case and 2) consult with representation.

To prepare your case you must get your records organized. You can do it yourself or hire a Certified Tax Resolution Specialist. During this legal process, you may seek the guidance of Legacy Tax Resolution Services, LLC to warn you of the IRS traps and for tips or representation.As explained in the Form 4549 page, you can present other evidence or case law to the IRS agent or Appeal the decision within the IRS or in Tax Court.

The IRS usually has 3 years to audit you. If time is running out, they will likely ask you to sign an extension Form 872.  Please do not  sign this without legal advice. We generally do not grant extensions to the IRS, unless there is a specific reason to do so.

 

Know Up To 6 Months in Advance That You Are Going to be Audited, With Audit Alarm Real-Time Monitoring

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

What is my first step?

If you received a letter or notice, a decision has to be made.  Do you feel confident to handle this situation on your own?  If it is a simple issue and you already know the answer, call or write them. If the issue is more complicated, you need to hire a Certified Tax Resolution Specialist. The IRS or State will take full advantage of your lack of knowledge and experience.

What is Your Next Step?

The next step is to determine if the notice was sent in error.  Do you have an outstanding tax liability?  Do you have unfiled or incomplete returns?

Is There a Time Limit?

Yes, each letter or notice from the IRS or State will indicate a date that you MUST to contact them by.  If you need more time, call the number on the notice or letter and request an extension.  DO NOT ALLOW the time to expire without contacting them or hiring a representative to contact them for you.

What You Don’t Want to Do!

What you don’t want to do is nothing.  Your tax problems will only get worse if you ignore them.  If you cannot pay, there are a number of potential solutions available to those who are otherwise in compliance.  In compliance means having all tax returns filed and any balances paid or on a payment plan.  If you have outstanding debts or unfiled returns, you need to get hire a Certified Tax Resolution Specialist.

Get Some Help

If you don’t know how to address the issue(s), have unfiled return/unpaid balances or just done feel confident, let the experts at Legacy Tax & Resolution Services represent you.  Work with our team of Certified Tax Resolution Specialists to resolve your issue(s) quickly.

Best of all, you don’t have to talk to the IRS or State; we can speak on your behalf. Stop the stress and resolve your problems Call 800-829-7483 TODAY

For more information, see  Frequently Asked Questions- Top 10 Audit Mistakes

 

Download our Special Report “ 5 Audit Myths- I Received An Audit Notice, What Do I Need To Know?”

In it you will find next steps, dos and don’t and information about your options

 

 

 

 

 

 

 

 

We Offer Financing for Our Tax Resolution Fees

 

 

Stop the stress and resolve your problems!

 

Call 800-829-7483 for a FREE Consultation

 

See our Tax Help Video Library

Ask a Question via e-mail

 

Also See

Can I Go To Jail For Owing Taxes?

Why Shouldn’t  I Just Use my Own CPA or Attorney to Help Me With This Tax Problem?

What is an Offer in Compromise in a nutshell?

I have Let This Get Out of Control.  How Soon Could You Start Working On My Behalf?

How are you compensated?

Several Tax Resolution Companies have called Me! Why Should I Hire Legacy Tax % Resolution Services?

Do I Need Local Tax Representation?

How Do I Know If My Situation Qualifies to Have my Tax Bill Reduced?

How Long Does the IRS Have to Collect Back Taxes From Me?

I Have a Deadline With the IRS (or State) Right Around the Corner.  Is It Too Late for Legacy Tax & Resolution Services to Help?

 

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