Question: Starting from the first step, put in order the lifecycle of a tax dispute with the IRS. Group of answer choices The IRS issues an
Starting from the first step, put in order the lifecycle of a tax dispute with the IRS.
Group of answer choices
The IRS issues an audit notice to the taxpayer regarding a filed return.
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The Revenue Agent collects information by issuing Information Document Requests, summons, and interviews the taxpayer and other parties.
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The Revenue Agent issues a Revenue Agent's Report that identifies any proposed adjustments to the taxpayer's return.
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The taxpayer files a Protest to the Appeals Division of the IRS.
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The taxpayer attempts to settle the tax issues based on the hazards of litigation.
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The IRS issues a Notice of Deficiency Day Letter on the unagreed tax issues.
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The taxpayer can file a Petition the US Tax Court to litigate the tax issues before having to pay the proposed tax liability OR pay the proposed tax liability, file a refund claim, and sue for a refund in a US District Court or the US Court of Federal Claims.
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The taxpayer can appeal a loss in the trial court to an appeals court.
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