Did you file a tax return and want to know if you received all the tax you are due? Now , this can be done with the help of an inspection of the income tax assessment. We check with the assessment that all income, tax payments and rights that you deserve have been given in full. If an error is discovered, we write a request to correct the assessment and the income tax corrects and pays additional funds.
In our statistics, close to 30% of abbreviated tax returns with errors, because we maintain an orderly process for correction, we will handle it professionally and decisively. All approved refunds go through a refund difference analysis process, a comparison between what the customer received and what we expected to receive.
I have compiled for you the frequently asked questions regarding return tax inspection and assessment corrections :
What is an income tax assessment?
The income tax assessment is a summary of an annual report approved by the IRS.
Where can you see the assessment?
After the report is processed by the IRS, the assessment with a debt balance or refund is sent from the IRS to an updated IRS mailing address.
The tax advisors and the representing accountants have access to the IRS system where you can see assessments for all the reports of our representatives.
How do you know that all the tax has been refunded?
The easiest is to simply compare the income tax assessment against the expected assessment that represents the prepared report. When discrepancies are discovered, they can be easily understood and appealed to the IRS if necessary.
What happens if there is no expected assessment?
If it is a minor case, a professional can easily locate the source of the gap. In other cases, an expected assessment is built.
What happens if an error is discovered?
we write a request to correct the assessment and the income tax corrects and pays additional funds if needed.
If it is a minor case, a professional can easily locate the source of the gap. In other cases, an expected evaluation is built for the sake of comparison.
How long after submitting the report can a valuation correction be made?
The tax refund assessment can be corrected up to 3 years from the date the assessment was issued by the IRS.
How do we do it?
By contacting the IRS, to the assessing officer to whom you belong, in a letter containing all the required corrections and charges and supporting documents. It can be done by email from the tax returns department. It can be done through the IRS public inquiries system, or you can physically bring it to the IRS and give it to the clerk at the reception. It is important to get a receipt stamp that proves the delivery of the application.
How can you know that it has been corrected correctly?
A corrected assessment should be compared if what you expected to get 🙂
How long does an assessment repair take?
Reports that have only just been approved can be corrected quickly, reports submitted several years ago require much more time due to the fact that sometimes the report is in the archives of the IRS and it is required to “open” the assessment for correction.
We will be happy to be at your disposal by phone: 03-60012403