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Strategies & Market Trends : Income Taxes and Record Keeping ( tax )

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To: Elroy who wrote (5764)8/24/2022 12:06:43 PM
From: Lance Bredvold  Read Replies (1) of 5810
 
My experience has been that the IRS sends an explanation letter for any difference from my reported balance. They are slow and I'd dread trying to contact them myself after a discrepancy such as you have. It's why I no longer make estimated payments. I just send in what my accountant figures and if they disagree I'm sure they'll let me know.
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