What is the Right to Be Informed for Taxpayers and Why is it Important?
As a taxpayer, it’s important to know your rights when it comes to dealing with the IRS. One of the most crucial rights you have is the right to be informed. This means you have the right to know what information the IRS has about you, how they obtained it, and how it will be used.
The right to be informed also known as the Freedom of Information Act, FOIAis a fundamental right that all taxpayers have, regardless of their income, occupation, or background. It helps ensure transparency and accountability in the tax system, and it allows taxpayers to make informed decisions about their tax affairs.
Why is the right to be informed important?
The right to be informed is important for several reasons. First, it helps ensure that taxpayers are aware of their tax obligations and rights. This can help prevent misunderstandings and mistakes that can lead to unnecessary penalties and fees.
Second, the right to be informed allows taxpayers to verify the accuracy of the information the IRS has about them. This is important because mistakes can and do happen, and it’s up to the taxpayer to catch them and correct them.
Third, the right to be informed helps protect taxpayers from fraud and identity theft. By knowing what information the IRS has about them, taxpayers can monitor their accounts and detect any unauthorized activity.
How can you exercise your right to be informed?
The IRS has made it easy for taxpayers to exercise their right to be informed. Here are some steps you can take:
- Review your tax returns carefully: Make sure that all the information on your tax returns is accurate and complete. If you notice any errors or discrepancies, contact the IRS immediately to have them corrected.
- Request a copy of your tax transcript: A tax transcript is a summary of your tax return information that the IRS maintains. You can request a copy of your tax transcript online or by mail. This can help you verify the accuracy of the information the IRS has about you.
- Contact the IRS: If you have any questions or concerns about your tax information, don’t hesitate to contact the IRS. They have a toll-free number you can call, and they also have local offices you can visit if you need assistance.
The right to be informed is a critical right that all taxpayers should be aware of. It helps ensure transparency and accountability in the tax system, and it allows taxpayers to make informed decisions about their tax affairs. By exercising your right to be informed, you can protect yourself from mistakes, fraud, and identity theft. So, don’t wait – start exercising your right to be informed today!
If you’re facing issues with the IRS or need assistance with your taxes, don’t hesitate to contact A Tax Defense and Accounting, LLC. Their team of experienced tax professionals can help you navigate the complexities of the tax system and ensure that your rights as a taxpayer are protected.
Call them now at 1-888-455-3111 or visit their website at www.ataxdefense.com to learn more about how they can help you with your tax defense and accounting needs. Don’t wait – get the help you need today!