IRS Publication 5 - Your Appeal Rights And How To Prepare A Protest If You Don't Agree


DEFINITION of 'IRS Publication 5 - Your Appeal Rights And How To Prepare A Protest If You Don't Agree'

A document published by the Internal Revenue Service outlining the procedure taxpayers are to follow if they disagree with IRS findings. Taxpayers have the right to request a meeting, conducted either in-person or over the telephone, with the supervisor of the IRS employee who issued the findings. If the meeting does not resolve the dispute, the taxpayer can appeal the case. Appealing the case may require a written letter of protest outlining why the taxpayer doesn't agree with the IRS findings.

BREAKING DOWN 'IRS Publication 5 - Your Appeal Rights And How To Prepare A Protest If You Don't Agree'

In most cases, taxpayers who don't reach an agreement at the appeals conference may be eligible to take their case to court. When in court, taxpayers can either represent themselves or hire a CPA, attorney or an enrolled agent. If the tax appeals court discovers that the taxpayer has filed a frivolous lawsuit, it can fine the taxpayer upwards of $25,000.

  1. Withholding Allowance

    An allowance an individual claims on a W-4 Form. A withholding ...
  2. IRS Publication 15-A - Employer's ...

    A document published by the Internal Revenue Service that provides ...
  3. Income Tax

    A tax that governments impose on financial income generated by ...
  4. Audit

    1. An unbiased examination and evaluation of the financial statements ...
  5. Tax Liability

    The total amount of tax that an entity is legally obligated to ...
  6. Internal Revenue Service - IRS

    A United States government agency that is responsible for the ...
Related Articles
  1. Taxes

    How To Appeal Your IRS Audit

    The auditor's review isn't always the last word. Many taxpayers who are audited can successfully appeal their audits and save thousands of dollars.
  2. Taxes

    Surviving The IRS Audit

    Keeping thorough records and knowing the penalties make this experience easier than you'd expect.
  3. Taxes

    Don't Let Inaccurate Tax Forms Get You Audited!

    Copying in numbers directly from your tax forms can end up with you paying more (or less) taxes than you owe.
  4. Taxes

    IRS Asset Seizures: Could It Happen To You?

    If you can't pay your taxes, know that the IRS has many avenues for collecting what you owe.
  5. Taxes

    Tax Court: Your Last Resort

    Appealing an unfavorable or unfair tax ruling may be your last chance to save your finances.
  6. Taxes

    The Top 10 Caribbean Tax Havens

    Discover relevant tax policy information about the top 10 tax havens located in the Caribbean, including the Cayman Islands and the Bahamas.
  7. Investing

    Which GOP Candidate Brings What to the Table?

    What are the major GOP presidential candidates' economic plans and how do they differ?
  8. Retirement

    How Are 401(k) Withdrawals Taxed for Nonresidents?

    As a U.S. nonresident, deciding what to do with your 401(k) after you return home comes down to which tax penalties, if any, you're willing to incur.
  9. Economics

    Explaining Corporate Tax

    A corporate tax is a tax levied on the profits a corporation generates.
  10. Taxes

    The 5 Countries Without Income Taxes

    Discover information on some of the best countries to consider relocating to that offer the financial benefit of charging no income tax.
  1. Are Cafeteria plans taxable?

    Whether the benefits you receive through your employer-sponsored cafeteria plan are taxable depends entirely on which benefits ... Read Full Answer >>
  2. Can I borrow from my annuity to put a down payment on a house?

    You can borrow from your annuity to put a down payment on a house, but be prepared to pay an assortment of fees and penalties. ... Read Full Answer >>
  3. Why is the Cayman Islands considered a tax haven?

    The Cayman Islands is one of the most well-known tax havens in the world. Unlike most countries, the Cayman Islands does ... Read Full Answer >>
  4. Why is Panama considered a tax haven?

    The Republic of Panama is considered one of the most well-established pure tax havens in the Caribbean due to extensive legislation ... Read Full Answer >>
  5. How do I get out of my annuity and transfer to a new one?

    If you decide your current annuity is not for you, there is nothing stopping you from transferring your investment to a new ... Read Full Answer >>
  6. Are Cafeteria plans exempt from Social Security?

    Typically, qualified benefits offered through cafeteria plans are exempt from Social Security taxes. However, certain types ... Read Full Answer >>

You May Also Like

Hot Definitions
  1. Purchasing Power

    The value of a currency expressed in terms of the amount of goods or services that one unit of money can buy. Purchasing ...
  2. Real Estate Investment Trust - REIT

    A REIT is a type of security that invests in real estate through property or mortgages and often trades on major exchanges ...
  3. Section 1231 Property

    A tax term relating to depreciable business property that has been held for over a year. Section 1231 property includes buildings, ...
  4. Term Deposit

    A deposit held at a financial institution that has a fixed term, and guarantees return of principal.
  5. Zero-Sum Game

    A situation in which one person’s gain is equivalent to another’s loss, so that the net change in wealth or benefit is zero. ...
  6. Capitalization Rate

    The rate of return on a real estate investment property based on the income that the property is expected to generate.
Trading Center
You are using adblocking software

Want access to all of Investopedia? Add us to your “whitelist”
so you'll never miss a feature!