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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

How to Prepare Your Books for Tax Season

How to Prepare Your Books for Tax Season As tax season approaches, small business owners and self-employed professionals often find themselves scrambling to organize their finances. How to prepare your books for tax season ahead of time not only makes the filing...

Choosing the Right Business Structure for Tax Efficiency

Choosing the Right Business Structure for Tax Efficiency Selecting the right business structure is one of the most critical decisions for any small business owner or self-employed professional. Your choice affects everything from day-to-day operations and tax...

The Right Way to Get Travel Reimbursements from Your C or S Corporation

If you operate your business as a C corporation or an S corporation, it's essential to understand how travel and other business-related expenses should be handled. Unlike a sole proprietorship, where business and personal finances are often intertwined, a corporation...

Best Retirement Plan Options for a Solo-Owned C or S Corporation in 2025

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How to Reconcile Your Bank Statements Like a Pro For small business owners and self-employed professionals, managing finances effectively is vital to ensuring smooth operations and long-term success. One of the most important yet often overlooked tasks is how to...

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How to Set Up a Simple Chart of Accounts for Your Business Running a small business or working as a self-employed contractor comes with its fair share of responsibilities, and one of the most critical is managing your financial records. A well-organized bookkeeping...

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In-Kind Donations: Understanding Their Impact on Taxes and How to Account for Them In-kind donations are a valuable way for individuals and businesses to contribute to charitable organizations. These non-cash contributions can take many forms, from donated goods and...

Tax Loss Harvesting: A Strategic Guide to Reducing Your Tax Bill

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Maximizing Your Tax Savings While Traveling Traveling for business can be a great opportunity to mix work with leisure while benefiting from significant tax deductions—if done correctly. However, many small business owners overlook travel deductions, missing out on...

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.”

How to Prepare Your Books for Tax Season

How to Prepare Your Books for Tax Season As tax season approaches, small business owners and self-employed professionals often find themselves scrambling to organize their finances. How to prepare your books for tax season ahead of time not only makes the filing...

Choosing the Right Business Structure for Tax Efficiency

Choosing the Right Business Structure for Tax Efficiency Selecting the right business structure is one of the most critical decisions for any small business owner or self-employed professional. Your choice affects everything from day-to-day operations and tax...

The Right Way to Get Travel Reimbursements from Your C or S Corporation

If you operate your business as a C corporation or an S corporation, it's essential to understand how travel and other business-related expenses should be handled. Unlike a sole proprietorship, where business and personal finances are often intertwined, a corporation...

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