When will you receive your refund? The answer depends on how you filed your return. The IRS should issue your refund check within six to eight weeks of filing a paper return.
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Nothing strikes fear in the hearts of people more than receiving an IRS letter in the mail.
What ever you do.... "Don't sit on it" . Answer it within 30 days or at least give it to your CPA BEFORE the due date so they can answer it for you !!
S ome notices are merely adjustments for interest and penalties.
Keep in mind that your taxes are due to the IRS and FTB by April the 15th. If you pay your taxes at a later date, both government agencies will charge you penalties and interest. The penalties and interest will continue to accrue until you have made your payment in full. Some notices are merely adjustments or reminders for this interest and/or penalty.
Some notices are actual notices of "audit".
Some of these notices are regarding an actual "audits". Audits take significant time away from your business and family, requiring you to gather mounds of records substantiating each and every item reported on your tax return and develop a comprehensive understanding of tax law.