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

Check for errors on that CP2000

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in Small Business Tax

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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