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IRS Notice Mailing Procedure Costs Taxpayers Millions

July 15th, 2010 · No Comments

If a you handled your business this inefficiently, the IRS would assess a hefty penalty against you for negligence. 

WebCPA reports:

The Internal Revenue Service’s current method of sending notices and letters is costing taxpayers millions of dollars because it results in a large amount of undeliverable mail, according to a new government report.

The report, from the Treasury Office of the Treasury Inspector General for Tax Administration, found that the IRS sends out approximately 200 million notices and letters each year to individual and business taxpayers and their representatives at a cost of $141 million. In 2009, approximately 19.3 million of those mailings were returned to the IRS at an estimated cost of $57.9 million.

Tags: Announcements · IRS procedure

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