When an examination results in a proposed tax deficiency, the taxpayer will be issued a 30-day letter including a report of the examination that indicates the proposed deficiency and the reasons for it. The letter will also advise the taxpayer of the right to appeal the proposed action if the taxpayer does not agree with it.
More from H&R Block
A 30-Day letter is sent to a business when the IRS has audited a business tax return or prepared a return for the business. It is known as a 30-day letter because they give the taxpayer 30 days to respond before the IRS processes the changes made to the return and sends a bill for the balance due. If you disagree with the changes proposed by the IRS, you can still file an appeal, but you must do so within 30 days.
Get help from an IRS expert
H&R Block’s experts can solve any IRS problem, no matter how complex.
Learn what the IRS is looking for during a business tax audit, the steps you should take to prepare for an IRS audit, and when it's best to get expert help.
Learn how to file your business back tax returns with the IRS and resolve any related tax issues, such as business back taxes and IRS penalties.
How long you can expect your IRS audit to last depends on the type of audit and the scope. Learn how to efficiently wrap up an audit from the tax experts at H&R Block.
Understand the most common types of IRS business tax penalties for filing and paying late, and your possible options for requesting IRS penalty relief.
Learn what to do if the IRS asks for more information to process your business tax return or sends a notice about changes to your business return.
Learn the three main benefits of engaging a power of attorney to research your IRS account and resolve your tax problems. Get the facts from the experts at H&R Block.