ok so here is my question regarding my sisters business of selling jewelry online, she is not that savvy when it comes to law and tax since she has to file her self as individual income, well to make this short, her question is as she explained to me, she has received a form from the IRS FORM 5564 titled NOTICE OF DEFICIENCY - WAIVER
she would like to know what this form is and what she needs to do. I myself do not understand so i am posting here so maybe someone that has the knowledge can point her to the right direction.
what form is this and how will she need to file for her tax return?
I hope im making some since as i have been passed this info. I will try to have her sign on and ask the questions but she does not have internet connection.
Thanks everyone and looking forward to a reply.