Tag: IRS balance due

  • AI taking over tax preparation? IRS CP2000 Notices

    Should we be worried that AI will take over preparing tax returns? The truth of it is, AI has been preparing tax returns for IRS for a long time. The computers at IRS use the basic set up for your taxes, give you the minimum deductions you would likely have, and prepare a tax return…

  • Why can’t IRS just file my return for me?

    Over the years as a tax professional I have seen what happens when the IRS files a return for you. They will only do this for you, if the end result will be a balance due to them, the IRS. When a taxpayer hasn’t filed a return, and income documents have been received by IRS…