Question

Paul Parrot, who lives in Paris, Texas, receives a letter from the IRS stating that the result of a recent examination is a tax deficiency of $15,000. The examination was handled by a revenue agent at Paul's art studio, his only place of business. The letter also states that Paul has a right to file a protest if he does not agree with the proposal. Generally, how many days does Paul have to file a written protest?

Answer 1

Answer 30 days

1. If there is disagreement between IRS and taxpayer regarding treatment of an item
2. the taxpayer receives a letter stating the deficiency and also the letter states the process to appeal
3. Also in case the taxpayer ignores the Audit he will receive the same letter
4. this letter is generally called 30 day letter
5. 30 day is the period to file appeal/'Protest: to Appeals office discussing the aggrieved issue