I got a letter from the IRS yesterday...

macpappy · 05-18-2010, 11:00 AM

The first thing I did was make a copy of everything and faxed it over to my CPA. They called back and said they are contacting the IRS to figure it out. Right now it looks like "we" (the CPA) missed a tax credit that we were eligible to claim.

RGD. · 05-18-2010, 01:34 PM

Quote:

Originally Posted by macpappy

The first thing I did was make a copy of everything and faxed it over to my CPA. They called back and said they are contacting the IRS to figure it out. Right now it looks like "we" (the CPA) missed a tax credit that we were eligible to claim.

Hope it works out that way for you. Back in 1984 I got a similar letter and a check. I took the check and used it to help buy a new Buick. Year later the IRS said whoops - we made a mistake and you owe that money plus interest.

Ron

macpappy · 05-18-2010, 02:02 PM

Actually we are putting the money in savings. I figure we'll just leave it there until we're sure it wasn't a mistake. The CPA is verifying the change with the IRS also.

hotreds · 05-18-2010, 04:24 PM

It Really Sucks

acarr · 05-18-2010, 04:29 PM

Are you sure the amount wasn't for the making work pay credit? Was it $400 or $800?

macpappy · 05-19-2010, 07:28 AM

Quote:

Originally Posted by acarr

Are you sure the amount wasn't for the making work pay credit? Was it $400 or $800?

Got an email from the CPA. It was the make work pay credit. No explanation on why they missed it when they did my taxes though it may have something to do with my being self employed.

acarr · 05-19-2010, 07:46 AM

Quote:

Originally Posted by macpappy

Got an email from the CPA. It was the make work pay credit. No explanation on why they missed it when they did my taxes though it may have something to do with my being self employed.

It is good to hear that the IRS didn't short change you. Good thing they caught it or you would have been out the money.

05-18-2010, 11:00 AM	#1
macpappy Rider on the storm. Join Date: Oct 2008 Location: Slidell, LA Posts: 851 Trading: (0)	Re: I got a letter from the IRS yesterday... The first thing I did was make a copy of everything and faxed it over to my CPA. They called back and said they are contacting the IRS to figure it out. Right now it looks like "we" (the CPA) missed a tax credit that we were eligible to claim. __________________ WARNING: I am a Southern White Male. I have a brain and I know how to use it.

05-18-2010, 02:02 PM	#3
macpappy Rider on the storm. Join Date: Oct 2008 Location: Slidell, LA Posts: 851 Trading: (0)	Re: I got a letter from the IRS yesterday... Actually we are putting the money in savings. I figure we'll just leave it there until we're sure it wasn't a mistake. The CPA is verifying the change with the IRS also. __________________ WARNING: I am a Southern White Male. I have a brain and I know how to use it.

05-18-2010, 04:24 PM	#4
hotreds Ephesians 2:8 Join Date: Oct 2008 Location: 5 miles past "Resume Speed" Posts: 11,674 Trading: (63)	Re: I got a letter from the IRS yesterday... It Really Sucks __________________ God loves you so much, that he made you read this, just to let you know.

05-18-2010, 04:29 PM	#5
acarr Have My Own Room Join Date: Oct 2008 Posts: 1,307 Trading: (34)	Re: I got a letter from the IRS yesterday... Are you sure the amount wasn't for the making work pay credit? Was it $400 or $800?

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