Long Islanders often discover they owe more than expected when the IRS issues an adjustment notice. These letters can feel intimidating, but understanding why they happen helps you regain control.

Income Reporting from Multiple Sources

Long Island residents frequently juggle multiple income streams:

• Freelance work
• Commuter jobs
• Rental income
• Investment accounts

Any omission leads the IRS to add tax automatically.

Misapplied Credits

If dependents, education credits, or premium credits were calculated incorrectly, the IRS adjusts them without calling first.

High Cost-of-Living Side Income

Many Long Islanders have secondary income that gets reported via 1099-K or 1099-NEC. If your return doesn’t show it, the IRS concludes you owe more.

Penalties Increase Balances Quickly

When returns are filed late or payments are missed, penalties and interest amplify a balance dramatically.

Fine & Clear Resolves These Problems

If the IRS believes you owe more than you do, Fine & Clear can analyze the notice, file corrections, request penalty relief, and negotiate with the IRS on your behalf.