For the latecomers who waited until the April 15 deadline to file their federal tax returns, the next few weeks could be interesting.
While the Internal Revenue Service sends letters to taxpayers year-round seeking more information on the tax returns they filed for the previous year, there's an uptick in IRS letters in June and July to people who waited until April 15 to file, said Brittney Saks, a partner in PricewaterhouseCoopers' Private Company Services, or PCS.
Taxes in the News
Between April 15 and June and July is how long it takes the IRS' computers to go over those late returns and send out any inquiries to taxpayers. Going to the mailbox this summer could become an adventure for some.
"I think people just get nervous when they see the IRS letterhead," Saks said in a telephone interview from her Chicago office.