IRS CP11 Notice – Changes to Your Tax Return Resulting in a Balance Due

What Is IRS Notice CP11? IRS Notice CP11 is sent when the IRS corrects an error on your tax return and the correction results in additional tax owed. The notice explains what the IRS changed, how it affects your tax, and the new balance due. CP11 is not an audit and does not automatically mean […]

IRS Form 6251 – Alternative Minimum Tax (AMT) for Individuals

What Is IRS Form 6251? IRS Form 6251, titled Alternative Minimum Tax (AMT) for Individuals, is used to determine whether you owe the Alternative Minimum Tax (AMT) and to calculate the amount due if it applies. The AMT is a separate tax calculation designed to ensure certain taxpayers pay a minimum level of tax when […]

IRS CP59 Notice – Failure to File Tax Return

What Is IRS Notice CP59? IRS Notice CP59 is sent when the IRS believes you were required to file a tax return but did not do so. The notice informs you that the IRS has no record of receiving your return and requests that you file it or explain why you are not required to […]

IRS Form 3115 – Application for Change in Accounting Method

What Is IRS Form 3115? IRS Form 3115, titled Application for Change in Accounting Method, is used to request approval from the Internal Revenue Service (IRS) to change how income or expenses are accounted for on a tax return. This form applies to both individuals and businesses that want to correct or modify an accounting […]