Syndicated columnist Julie Jason quoted Tax Manager Alexander Kotwal in an article about the costs that can accrue while waiting for the IRS to process an amended return.
Connecticut Post
By Julie Jason
Excerpt:
A taxpayer can file Form 9243, Collection Appeal Request, according to Alexander Kotwal, a CPA and tax manager for Marcum LLP, a national accounting and advisory firm headquartered in New York City. Kotwal said it allows a taxpayer “to provide a proposed solution to settle their balance due via the amended return. Filing Form 9243 generally stops the collection process until the issue is settled between the IRS and the taxpayer.”