Glossary

CP89 Notice

What is a CP89 Notice from the IRS?

A CP89 Notice is an official communication from the Internal Revenue Service (IRS) informing you that they’ve applied all or part of your tax refund to pay off a past-due debt you owe to a federal agency. This debt could be for things like student loans, unpaid taxes from previous years, or other federal obligations.

  1. Glossary Article

Recommended for You

Quiet Title Action

A quiet title action is a legal process used to resolve disputes over property ownership and clear up any clouds on a title. It is often necessary to ensure you have full and legal ownership of your real estate.

EV Commercial Fleet Tax Credit

The EV Commercial Fleet Tax Credit incentivizes businesses to adopt electric vehicles by offering tax credits to offset purchase costs, promoting sustainability in commercial fleets.

CP259 Notice: Return Delinquency Notice

A CP259 notice is a formal letter from the IRS informing you that they haven't received a required tax return. It's crucial to understand this notice and respond promptly to avoid further complications.

CP504L Notice

The CP504L Notice informs taxpayers of unpaid taxes before IRS collection actions begin. Responding promptly can prevent further penalties and interest.

CP523AQ Notice

The CP523AQ Notice is an IRS document notifying taxpayers of a significant change regarding their installment agreement. Understanding this notice is crucial for compliance and managing tax obligations.

CP13R Notice

A CP13R notice is a letter from the IRS indicating an adjustment to your tax return, usually resulting in a change to your refund or amount owed. It's important to understand what it says to resolve any issues.

Residential Energy Credit

The Residential Energy Credit incentivizes homeowners to adopt energy-efficient improvements by offering tax credits. Learn how this affects your tax filings.

Bank Fees Deduction

Bank fees deduction involves deducting certain bank-related charges from taxable income. Understanding eligibility and compliance is crucial for tax efficiency.