Why You May Have Received an IRS CP23 Notice

1. Phone: (888) 247-6829 Why You May Have Received an IRS CP23 Notice A CP23 notice is a very common form (letter) sent by the IRS to a taxpayer. This notice usually contains a balance due to the IRS. Although it's a common letter, it can still be stressful to a taxpayer. Let us discuss some crucial details about the IRS CP23 notice. This notice is related to “payment allocation.” The following typical candidates fall into the category of receiving a CP23 notice: ● ● Taxpayers who have to pay quarterly estimated taxes, Taxpayers that are subject to pay a calculated (or computed) amount. It also includes their extension to file after April 15; Taxpayers who have back taxes or who have numerous sources of income. ● There are some common errors committed by taxpayers that can lead to the generation of this notice:  Sometimes, the taxpayer tends to make payments for the wrong period. Often, during a quick payment process on the IRS website, they select the wrong year, so their payment is allocated to the incorrect year; Another instance of error is when you are mailing quarterly checks. Taxpayers may not know the address to which they have to send payments, so it may cause delays, or they may accidentally submit inappropriate information. https://agroaccounting.com

2. Phone: (888) 247-6829 If you have also received this notice, then take the help of income tax services for the self-employed for easy solutions to this common issue. Agro Accounting CPA Phone: (888) 247-6829 Email: basil@agroaccounting.com Address: 42 West Street, Brooklyn, New York 11222 Facebook: https://www.facebook.com/AgroAccountingforartists Instagram: https://www.instagram.com/agroartaccounting Twitter: https://twitter.com/art_accounting https://agroaccounting.com