Decoding the IRS CP05B Notice
Receiving a CP05B notice from the IRS can be a bit unsettling. But fear not, we at Lamarre Law Group, P.A. are here to help you understand this notice and guide you through the necessary steps.
What is a CP05B Notice?
A CP05B notice is issued by the IRS when they receive a tax return that shows a refund amount, but they can’t determine if the income reported on the tax return matches the income reported to them by payers. The IRS is holding your refund until they receive the additional information they requested from you to determine if the income is correct before they can release your refund.
What Should You Do?
If you receive a CP05B notice, here’s what you need to do:
Read your notice carefully. It explains the information you must send to the IRS.
Provide copies of the requested documentation to verify the items that they’re auditing.
Tear off the voucher on the last page of this notice and attach it to the documents you’re submitting.
Send the requested information within 30 days from the date of this notice to the address shown on the notice.
How Can Lamarre Law Group, P.A. Help?
At Lamarre Law Group, P.A., we understand that dealing with the IRS can be complex and stressful. Our team of experienced tax attorneys can guide you through the process, ensuring that you understand your rights and obligations.
Remember, you don’t have to navigate the complexities of tax law alone. Contact us today via our online contact us form or give us a call at (833) Lamarre. We’re here to help you every step of the way.
Disclaimer: This blog post is for informational purposes only and should not be construed as legal advice. Please consult with a tax professional before making any decisions.