When faced with a request from the IRS, particularly Form 9297, it’s understandable to feel a mix of confusion and concern. This form is sent out by a revenue officer who is requesting specific documents or information from you by a specific date. If you fail to comply, the consequence is typically an IRS levy on your bank accounts. While receiving such a request feels daunting, it’s important to remember that you do have options and there are steps you can take to handle this situation effectively.
Understanding Form 9297 and Its Implications
Form 9297 is essentially a summary of the revenue officer’s information request. It outlines the documents and information the IRS needs from you. This request often comes with a deadline, and it’s imperative to meet this deadline to avoid potential complications or penalties. Failing to comply with the request can lead to the IRS seizing your bank accounts or other assets, as soon as the day after the deadline, especially if they’ve issued a final notice of levy.
In some cases, taxpayers receive Form 9297 and a final notice of levy simultaneously. This situation highlights the urgency of responding promptly and adequately to the IRS’s requests. It’s also worth noting, as highlighted in our March blog post, that revenue officers will no longer show up unannounced at your door.
Proactive Steps to Take
Meet Deadlines Early: To mitigate the risk of facing an IRS levy, it’s advisable to submit all requested documents at least a day before the deadline. This approach can help avoid any last-minute clerical issues that might prevent your submission from being processed in time.
Request a Deadline Extension: Even if you believe you can meet the deadline, it’s a wise practice to call the IRS and request an extension. This proactive measure serves as an additional safeguard, giving you more time to gather and submit the necessary information without rushing.
Document Your Communications: Every interaction with the IRS regarding your request should be documented for your records. Whether it’s a phone call requesting an extension or submitting the required documents, having written or electronic proof of these actions can be invaluable if there are any disputes or misunderstandings later on.
You’re Not Alone: How We Can Help
Facing the IRS and its requests can be scary for even the most seasoned professionals, but you don’t have to navigate it alone. At Robert V. Boeshaar, Attorney at Law, we take pride in helping individuals and businesses get out of trouble with the IRS, including assisting with Form 9297.
Whether you’re struggling to gather the requested documents, unable to contact the revenue officer, unsure how to request an extension, or simply feeling overwhelmed by the situation, our team is here to provide the guidance and support you need. We can help ensure that you meet your deadlines, avoid unnecessary penalties or levies, and maintain your peace of mind throughout the process.If you’ve received Form 9297 or any other IRS request and are unsure how to proceed, don’t hesitate to contact us for a free phone consultation.
Robert V. Boeshaar Attorney at Law, LL.M.,PLLC
Latest posts by Robert V. Boeshaar Attorney at Law, LL.M.,PLLC (see all)
- How Can I Tell if My Business is in Tax Trouble? - September 5, 2024
