Why Should I Notify the IRS of My Change in Address?
Your first thought when you move probably isn’t notifying the IRS. While it certainly is not the first thing you need to think about, it is definitely something you should do. You might think this is unimportant or you may think you’d just as soon the IRS not know where you are. What you may not be thinking of is all the negative ways that could impact you.
Every week in my job as an Enrolled Agent, I have clients who have moved, not told the IRS their new address and get an unpleasant surprise. There wages or their bank account are levied. They are upset because they got no warnings. The reason they got no warnings is because they moved and they did not provide the IRS with their new address.
You could miss notices about errors on you tax return, notices that your returns are being audited, notices of balances due. Missing them may not seem like big deal, but if you miss a notice about an error or about an audit, you may lose the opportunity to provide information to reduce your taxes. If you miss a balance due notice, you miss the opportunity to take care of your liability prior to the IRS taking the money from you.
Believe me, the IRS will find you at some point, and does have your social security number so they can find where you work and where you bank. Avoid these unpleasant surprises and make sure the IRS ;and the Social Security Administration too, know your new address.
If you find yourself in a situation where you are levied and need help, contact the tax consultants at Effectur. They can help you determine what type of resolution is best for your situation and have their Enrolled Agents represent you before the IRS. Visit Effectur website at the link above, for more information on how Effectur can help you.