Received IRS Notice CP2000? Don't Panic—We Can Help
The IRS claims you underreported income. We review the accuracy and respond strategically.
Critical Deadline
30 days from notice date to respond before automatic assessment
Note: Strategy Sessions require a $250 analysis fee, applied 100% toward your final service.
Understanding CP2000 Notice
IRS Notice CP2000 is an automated letter stating that income reported to the IRS by third parties (W-2s, 1099s, K-1s) doesn't match what you reported on your tax return. The IRS proposes additional taxes, penalties, and interest based on this discrepancy. However, CP2000 is often wrong or overstated—the IRS doesn't account for legitimate deductions, basis in investments, or other factors that reduce the actual tax owed.
IRS Authority: IRC § 6201, IRC § 6213
What Happens If You Don't Act
How The Tax Pro Advisor Resolves This
Helping Austin and Leander business owners resolve cp2000 notice issues with proven strategies and direct IRS representation.
IRS Forms & Documents We Prepare
Frequently Asked Questions
What is IRS Notice CP2000?
CP2000 is an automated notice stating that income reported to the IRS by employers, banks, or brokerages doesn't match what you reported on your return. It proposes additional taxes based on this discrepancy.
How long do I have to respond to CP2000?
You generally have 30 days from the notice date to respond. If you don't respond, the IRS will automatically assess the proposed tax, plus penalties and interest.
Can I settle this for less than I owe?
Often, yes. CP2000 notices frequently overstate the tax owed because the IRS doesn't account for basis, deductions, or other factors. We review the details and respond with the correct calculation.
Related IRS Issues
Don't Wait Until It's Too Late
The longer you wait, the fewer options you have. Get a free, confidential consultation to understand your situation and next steps.
Note: Strategy Sessions require a $250 analysis fee, applied 100% toward your final service.