IRS TAX EXPERT WINDERMERE: COMPLEX RETURNS

The more complicated your finances are, the more places there are for an IRS question to arise. If you have investments, rental property or business interests, a notice may involve reported income that does not match your return, or a request for more support.

Common triggers

• A missing or incorrect tax form
• A sale that was reported without its cost basis
• Rental losses or business deductions the IRS wants to review
• A partnership or S corporation form that arrived late

What to do

Do not just pay it or ignore it. Compare the notice with your records and note the deadline. A local tax expert can then help you determine whether the IRS is right and prepare a clear response.

Notices can be wrong, so it is worth having someone check.

Call for an appointment. Fajardo & Associates serves Windermere from our office at 7380 W. Sand Lake Road, Suite 500, Orlando. Call 407-720-7220 or send us a message to set a time.