EPISODE 13. Understanding & Responding to IRS Letters & Examinations 101. Artwork

Taxcast With Chelsea

Welcome to Taxcast with Chelsea: My background ranges from corporate finance, small business accounting roles, and now serving clients in a tax advisory role. While I enjoy researching and resolving tax issues for clients, I understand not everyone has the same tax resources and the information online can be overwhelming. My goal is to provide tax understanding to the everyday taxpayer. Taxcast with Chelsea is not legal or tax advice for your personal tax situation. My views are my own and am only speaking from a tax practitioner’s perspective for the general understanding of tax topics. I highly recommend you engage with an experienced tax professional if you are looking for personal tax advice. https://www.irs.gov/pub/irs-pdf/pcir230.pdf

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Taxcast With Chelsea

EPISODE 13. Understanding & Responding to IRS Letters & Examinations 101.

March 27, 2023 • Season 2023 • Episode 6

1. IRS Letters & Audits are on the increase and now more than ever recordkeeping should be of utmost importance.

CP2000 Notice Description [2:17]
Examples [4:04]
How to Respond [7:23]

Audits / “Under Examination” - Example of what to expect [8:10]
Recordkeeping – airtight is alright. [9:40]

Connect with Chelsea:
Email: taxcastwithchelsea@proton.me
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**DISCLAIMER**
Taxcast with Chelsea is not legal or tax advice for your personal tax situation. My views are my own and I am only speaking from a tax practitioner’s perspective for the general understanding of tax topics. I highly recommend you engage with an experienced tax professional if you are looking for personal tax advice.
https://www.irs.gov/pub/irs-pdf/pcir230.pdf