Need a Copy of Your Tax Return Information?Written by Richard A. Chapo
Taxpayers have two easy and convenient options for getting copies of their federal tax return information — tax return transcripts and tax account transcripts — by phone or by mail.A tax return transcript shows most line items from tax return (Form 1040, 1040A or 1040EZ) as it was originally filed, including any accompanying forms and schedules. It does not reflect any changes you, your representative or IRS made after return was filed. In many cases, a return transcript will meet requirements of lending institutions such as those offering mortgages and student loans. A tax account transcript shows any later adjustments either you or IRS made after tax return was filed. This transcript shows basic data, including marital status, type of return filed, adjusted gross income and taxable income.
| | Your IRS Tax Appeal RightsWritten by Richard A. Chapo
Are you in middle of a disagreement with IRS? One of guaranteed rights for all taxpayers is right to appeal. If you disagree with IRS about amount of your tax liability or about proposed collection actions, you have right to ask IRS Appeals Office to review your case.During their contact with taxpayers, IRS employees are required to explain and protect these taxpayer rights, including right to appeal. The IRS appeals system is for people who do not agree with results of an examination of their tax returns or other adjustments to their tax liability. In addition to examinations, you can appeal many other things, including: 1. Collection actions such as liens, levies, seizures, installment agreement terminations and rejected offers-in-compromise 2. Penalties and interest 3. Employment tax adjustments and trust fund recovery penalty Internal IRS Appeal conferences are informal meetings. The local Appeals Office, which is independent of IRS office, can sometimes resolve an appeal by telephone or through correspondence. The IRS also offers an option called Fast Track
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