Transcription of Reasonable Cause Regulations & Requirements for Missing ...
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Reasonable Cause Regulations & Requirements for Missing and Incorrect Name/TINs (including instructions for reading CD/DVDs)iTable of ContentsI. INTRODUCTION ..1 Purpose ..1 Applicable Regulations ..1 What s New? ..1II. PENALTY FOR Missing TINS AND INCORRECT NAME/TIN COMBINATIONS ..1 III. Reasonable Cause ..2IV. NOTICE 972CG, NOTICE OF PROPOSED CIVIL PENALTY ..2 Proposed Penalty Notice ..2 Contents of Notice 972CG include: ..3 How to Answer Notice 972CG ..3V. MANNER OF TIN SOLICITATIONS ..4 Annual Solicitations by Mail ..4 Annual Solicitations by Telephone ..4 Electronic Solicitations ..5VI. ACTIONS FOR Missing TINS AND INCORRECT NAME/TIN COMBINATIONS ..6 Initial and Annual Solicitations General Rules ..6 Missing TINs ..7 Incorrect TINs.
1 . I. INTRODUCTION Purpose This publication: • provides general information needed to avoid penalties under Internal Revenue Code (IRC) 6721 through IRC 6723 for information return documents that are filed or furnishedwith missing or …
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