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Just because something looks official and it says you owe taxes doesn't make it true. Scammers long ago caught on to the money-making potential of official-looking messages. For example, two outfits have just been enjoined from sending notices to businesses that look like Indiana tax notices.
Even if the notice is from a real tax agency, there's a good chance that it is wrong. In fact, it is rare that we see a notice from the Iowa Department of Revenue that is actually correct. When you get a notice, and you aren't positive that it's right, contact your tax professional.
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The items included in the Tax Update Blog are informational only and are not meant as tax advice. Consult with your tax advisor to determine how any item applies to your situation.
Joe Kristan writes the Tax Update items, and any opinions expressed or implied are not necessarily shared by anyone else at Roth & Company, P.C. Address questions or comments on Tax Updates to