IRS S CorpQuestions owners actually ask
The notice is open on the table and the question is which kind of mail it is. The notes below are the questions that show up when a notice arrives. Your question can be different. The form is there for that.
Ask your questionIs the copy I kept the same as acceptance?
No. The copy is the form you sent. Acceptance is the Service's reply. If you only have the copy, say so. We look for the reply before we prepare the return as an S corporation. A quiet mailbox after you mailed the form is not a reply, and we will not dress it up as one.
If the reply was a refusal, bring that too. A refusal is a fact. The return follows the fact. We do not hunt for a story that makes the refusal go away.
See a mixed pile
Does a Form 1120-S notice mean an examination?
Sometimes the number on the notice means that. Often it means a proposal, a mismatch, or a balance. We read the number and the agency's public description of that number before we use a heavier word. Bring the first page. Sorting is the first hour of the work, not a slogan.
The worry is a notice that sounds like a class you were supposed to have taken. Most of these letters are a figure on a return you already filed, and we say which kind it is after we read the number. If the letter is the narrow kind about tax at the company, bring the first page and we will read that year's instructions with you and name the next step.
Why is payday mail in the same stack?
Because it arrived at the same address. It is still a different filing. Employment returns and Form 1120-S share wages and do not share a balance. The owner approves each payday run on a provider this practice does not operate. A notice about a deposit is answered from the provider's records and from a month that has been closed.
Identity mail is a third pile. It does not fix an election, and an amended return does not answer an identity question. Do not follow a link in a message. First contact from the Service is normally by mail.
What about a state report, basis, and October?
An S corporation can have a state business report beside Form 1120-S. That mail belongs to the state, and a federal extension does not move the state's date. Some states publish a line below which no business tax is due. The state's own page for that report year is what we open, not a threshold someone remembers from a blog.
The worry is a loss the owner cannot use because contributions and distributions were kept in one account. Keeping those two apart is what makes the books usable, and netting them leaves equity looking tidy while the return comes out wrong. The long course that walks every line of that computation is a separate reading, and we will point you to it. October is when a closed month and a written plan should make the next return less of a surprise. Mail can still arrive. The plan is how the next letter gets shorter.
A long counter, and a plain answer.
The questions above are the ones we hear, across a long run of ordinary weeks. If yours is different, write it in the box. We would rather answer the notice you hold than the notice we expected. A counter you have trusted for years can still serve the same plate. The notice on your table gets a fresh reading anyway, because the year on the page is not last year's year.
The reading can be a video call. The notice still goes to the address on the return. Nobody here will stand in for an owner at the Service. A lender who wants a signed report is outside this practice, and the disclosures page says so in statute words.
Ask about your notice
What you want answered
Write the question in your own words. Name the form on the notice if you can see it.