IRS News: CP59 Notices

Earlier this month, the IRS issued notices to about 260,000 taxpayers, stating they haven’t filed their 2019 federal tax return. The IRS refers to these notices as CP59 notices. They are issued yearly to taxpayers who haven’t filed their tax returns from the prior calendar year (Tax Year 2019).

Due to the pandemic, the IRS has not yet completed processing all of the 2019 returns. This means that the CP59 was sent to taxpayers who have filed their returns but these returns are still being processed by the IRS.

If you filed your 2019 and received this notice, you can disregard the letter and don’t need to take any further action.

If you have any questions regarding the CP59 notice, or any other notice you may have received from the IRS regarding your particular tax filing circumstances, contact KRD at 847-240-1040 or contact us online.

Categories

Newsletter signup

Receive our informative Newsletters with valuable tax, financial and business operations information.

Archives

News

Read the latest news
from KRD and find out more.

KRD, Ltd. Wins ClearlyRated’s 2024 Best of Accounting Award for Service Excellence
Understanding the Sec. 754 Election
Measure Performance Through Financial Ratios

Request a callback

Would you like to speak to one of our financial advisors over the phone? Just submit your details and we’ll be in touch shortly. You can also email us if you prefer.

    I would like to discuss: