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Printable Form 1120-H Centennial Colorado: What You Should Know

The IRS can conduct an unprivileged review of your tax return at no obligation to you. The first step to appeal is to contact the appeals' office that handles your issue. They will explain the appeal process, ask questions and provide information needed to process your request. After the request is processed, the appeals' office will provide any documents or information that are needed. If your request is approved, you may receive a letter stating the decision. A copy will be sent to you. You may file a petition with the Internal Revenue Service requesting a hearing, which will be considered by the appeals' office. If that happens, the hearing will be scheduled before an agent. A copy of the decision will be provided to both parties and if the agent is able to rule in your favor, you will receive a copy of the decision, along with a copy of the transcript. If the IRS decides that the appeal is frivolous and not worth hearing, they may not proceed with the hearing or refer your case to another agency. This outcome is called a default decision. The IRS will send notice to you by mail. The letter will explain the default decision, the procedure for appealing, and what happens next, if there is any further action. After considering your case, they will notify you of a filing date for your return, usually the 16th. If you owe tax and file before that date, you'll automatically owe the tax you owe. If you file between the 16th and the due date for the return, you may owe more tax and will owe more interest on the difference between what you owe and what you owe now. See our page on Tax Basics for more information on tax filing. To learn more about the tax process for small business owners, click here. If you're ready to stop paying and settle your tax issue, we can handle your case. With a team of professionals and experienced tax and financial professionals for every case, the Cox and Company team of attorneys and accountant's can help you get some relief from your taxes, or help fix what you're doing wrong with the IRS.

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