Stay Ahead of Tax Law Changes: Learn about the One Big Beautiful Bill

IRS Letters & Correspondence

You open your mailbox and there it is – a letter from the IRS. Just seeing those government letters can send a chill down your spine, but don’t worry, you’re not alone. We here at Molen & Associates have years of experience dealing with the IRS and we can help you too.



What Does the Letter Mean?

The letter you received from the IRS is called a “notice.” Notices are sent for many reasons, including changes to your tax return, balance due, or overdue taxes. Many times, a notice is simply information – like confirming that your payment posted or that something on your return was processed. Reading the notice carefully will help you understand why you received it. If you still have questions after reading it, give us a call and we’ll be happy to help explain it to you.

What Do I Do Now?

If you owe taxes, the first thing you should do is pay the amount owed as soon as possible to avoid any additional penalties or interest fees. You can pay online, by phone, or by mail. Once you’ve paid what you owe, be sure to keep records of your payment so that you can prove that you paid if any questions come up later.

If you don’t owe taxes and the notice was sent in error, don’t worry! The IRS makes mistakes sometimes too. The best thing to do in this case is to respond to the IRS right away explaining the error and enclose any documents that support your claim. Once again, keeping records of this correspondence will be helpful just in case any questions come up later on. 

Getting a notice from the IRS can be scary, but it doesn’t have to be. Here at Molen & Associates, we’re here to help you every step of the way. Whether you owe taxes or not, we can help guide you through this process so that hopefully you’ll never have to deal with the IRS again. Give us a call today!

How we can help you

  • Review, analyze and explain the correspondence sent to you.
  • Explain the IRS process – 99% of the time you are in no danger of them knocking on your door
  • We can respond to the IRS on your behalf – or advise how to respond properly on your own
  • Be honest with your chances of success – be it through the Audit process, or Offer in compromise to lower your tax bill / payments. If we think it will not go your way, we will tell you up front.

How we work

As IRS issues are unique – we sadly can’t just hear about the issue and respond with a high level of professional accuracy; we need to read the words on the page. We request that if you have an IRS issue – you simply send us a copy with your contact information to info@molentax.com

We can then review and analyze the correspondence and contact you with our recommended solution(s).

PAssionately Engaged

We aren't your average tax firm. We specialize in helping you maximize your tax situation and live more comfortably.

Education Focused

We guarantee you will learn something new. If you are looking for an average experience, we probably aren't the firm for you.

Feels Likely FamiLY

We started business 40 years ago out of the Molen's home and to this day, we still treat our clients like family.

 

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Schedule a Discovery Meeting

One Hour Discovery meeting for business owners looking for an advisor to help them with accounting and tax preparation to see if we are a good fit.

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Latest News

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The One Big Beautiful Bill (OBBB) brings several important changes for individuals and families looking to transfer wealth, reduce estate taxes, and protect assets for future generations. Whether you’re planning modest gifts to family or multi-million-dollar legacy...

Qualified Small Business Stock (QSBS) – Everything You Need to Know Under the One Big Beautiful Bill (OBBB)

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The Research & Development (R&D) Tax Credit has long been a powerful tool for businesses that innovate, design, and improve products or processes. The One Big Beautiful Bill (OBBB) brings important changes that expand eligibility, increase potential savings,...

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The One Big Beautiful Bill (OBBB) brings some of the biggest tax law updates since the Tax Cuts and Jobs Act of 2017—but not everything is different. While the headlines focus on new deductions, higher thresholds, and expanded credits, many important rules and...

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Looking for an Accountant?

Schedule a Discovery Meeting

One Hour Discovery meeting for business owners looking for an advisor to help them with accounting and tax preparation to see if we are a good fit.

Subscribe Now

The Molen & Associates Difference

Mike Forsyth

“Super helpful and timely. This is our first year with them and we look forward to trusting them with our taxes and business books for years to come.”

Caitlin Daulong

“Molen & Associates is amazing! They run an incredibly streamlined process, which makes filing taxes a breeze. So impressed with their attention to detail, organization, and swift execution every year. Cannot recommend them enough!”

Sy Sahrai

“I’ve been with Mr. Molen’s company for few years and I felt treated like family respect and dignity. They are caring, professional and honest, which hard to find these days. Love working with them.”

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Qualified Small Business Stock (QSBS) – Everything You Need to Know Under the One Big Beautiful Bill (OBBB)

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Qualified Opportunity Zones (QOZ) – Everything You Need to Know Under the One Big Beautiful Bill (OBBB)

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