Tag: “B” Notice
You received one or more of these letters and notices because you may have underreported your gross receipts. This is based on your tax return and Form(s) 1099-K, Payment/Merchant Cards and Third Party Network Transactions that show an unusually high
Why you are receiving this notice? Your name and taxpayer identification number (TIN) submitted on Form 1099-K,Payment Card and Third Party Network Transactions, by a payment card processor or third-party settlement organization does not match IRS records. If a payment
Internal Revenue Bulletin: 2013-39 - Notice 2013-56 Transitional Penalty Relief and Schedule for Notices of Incorrect Name/TIN Combinations for Information Returns Relating to Payment Card and Third Party Network Transactions Notice 2013- 56 provides transitional relief from penalties for a
Second B Notice IMPORTANT TA X NOTICE ACTION IS REQUIRED Second Backup Withholding Warning! YOU MUST HAVE THE IRS OR SSA VALIDATE YOUR TA XPA YER IDENTIFICATION NUMBER AND RETURN IT TO US: ________________________________. Otherwise, backup withholding will begin. Account
Publication 1281 What payments are subject to backup withholding? a) Rents and commissions, non-employee compensation for services, royalties, reportable gross proceeds paid to attorneys and other fixed or determinable gains, profits, or income payments reportable on Form 1099-MISC, Miscellaneous Income.