Check for errors on that CP2000 — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily
The IRS admits that it sent out thousands of faulty tax bills in July. The mishap resulted from a program matching the income shown on Forms 1099 with information reported on taxpayer returns. If you received a CP2000 notice, it may include an incorrect interest calculation. Be patient: The IRS says it is scrambling to send out corrected notices.
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