Unraveling IRS Notice CP25
Hello, readers! Today, we’re going to simplify a topic that often causes confusion - the IRS Notice CP25. This post is brought to you by Lamarre Law Group, P.A., your trusted guide in the intricate world of tax laws.
What is a CP25?
A CP25 is a notice you might receive from the Internal Revenue Service (IRS). This notice is sent when the IRS finds a difference between the amount of estimated tax payments you reported on your tax return and the amount they posted to your account. As a result, you’re not due a refund nor do you owe an additional amount because of their changes. Your account balance is zero.
What Should You Do If You Receive a CP25?
If you receive a CP25 notice, don’t worry. Here’s what you should do:
Read your notice carefully. It will explain the changes they made to your return.
Check the list of payments they applied to your account to see if they applied all the payments you made.
Correct the copy of your tax return that you kept for your records.
You don’t need to do anything if you agree with the notice.
If you don’t agree with the notice, contact the IRS within 60 days from the date of your notice.
How Can Lamarre Law Group, P.A. Help?
At Lamarre Law Group, P.A., we understand that dealing with tax issues can be stressful. That’s why we’re here to help. Our team of experienced tax attorneys can guide you through the process, answer any questions you may have, and help you resolve your tax issues.
If you’ve received a CP25 notice and need assistance, don’t hesitate to reach out to us. You can contact us via our online contact form or give us a call at (833) Lamarre. We’re here to help you navigate the complexities of tax law with confidence and ease.
Remember, when it comes to tax law, you don’t have to go it alone. Lamarre Law Group, P.A. is here to help.
Disclaimer: This blog post is for informational purposes only and should not be taken as legal advice. For specific advice related to your situation, please consult with a tax professional.