August 10th, 2012 by Angela Offerman
We hate to put a damper on the last month of summer, but IRS penalty season is right around the corner! We have learned the IRS began mailing penalty notices for both late original filings and missing or incorrect taxpayer identification numbers (TINs).
The official information on the mailing schedule from the IRS is as follows:
- IRS Notice 972CG (for tax year 2010 information returns) will be sent between July 30, 2012 and September 20, 2012
- IRS Notice CP2100 & CP2100A (for tax year 2011 information returns) will be sent between September 12, 2012 and October 24, 2012
Not sure what to do with these complicated IRS notices? Check out our resource page on how to handle IRS notices.
Convey provides tax information reporting services and software to businesses to make IRS compliance clear and uncomplicated. U.S. federal tax advice contained in this web site is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter that is contained in this document. (iii) The taxpayer should seek advice based on the taxpayer’s particular circumstances from an independent tax advisor.