As a taxpayer, it is common practice to receive calls from tax authorities. The National Tax Advisory Service is saddled with lots of responsibilities to ensure that citizens pay their taxes when they are due. Apart from collecting taxes from taxpayers, the body also gives financial advice to citizens on tax planning strategies, tips for maximizing deductions, and general guidance on how to handle issues related to the tax system.
There are many reasons why tax authorities may call you; some of the reasons may be follow-up on inquiries, unresolved tax issues, verification, or to alert you to tax-related scams. Whatever the reason, it is always advisable to answer calls from tax authorities with all sincerity and provide them with the necessary information they may need to help them serve you better.
8 Reasons Why National Tax Advisory Service May Call You
There are many reasons why tax authorities may call you; the reasons are outlined below:
1. Unresolved Tax Issues
One of the major reasons why the National Tax Advisory Service may call you is because of unresolved tax issues. If you’ve unresolved tax issues, the National Tax Advisory Service may contact you to help you resolve the issues.
Some of the tax issues that you may have include outstanding tax payments, inconsistencies in your tax return, or any other related issues that may need your attention. Once they reach out to you, they will be able to give you vital information and guide you on how to resolve the tax issues.
2. Audit Assistance
If you’re being audited and there are issues with your tax returns, the National Tax Advisory Services may call you to get clarification on your tax returns.
They will reach out to you to get the necessary information from you and for you to assist them in the auditing process. It is expected of you to comply accordingly by providing the necessary details/documents that the tax authorities may request from you.
3. Verification of Information
Another reason why the National Tax Advisory Services may call you is to verify information on your tax returns.
The tax authorities usually call tax payers to ensure that the details they provide to the body are accurate or to request additional details that may be needed for your assessment. It is advisable for a taxpayer to respond to such a call swiftly to avoid having issues with the tax authorities.
4. Prevention of Tax Scams
Due to increasing fraudulent activities, if the National Tax Advisory Service notices any tax related scams, they reach out to taxpayers to keep them abreast of such a development.
In some scenarios, fraudsters may impersonate tax authorities and try to defraud unsuspecting individuals of their hard-earned money or request sensitive information from them. To ensure that citizens are not scammed, the tax authorities will contact taxpayers to inform them of the scam alert and create awareness so that they won’t fall victim to scammers.
5. Follow-up on Inquiries
If you have previously reached out to the National Tax Advisory Services with questions or concerns, they may call you as follow-ups to address any outstanding issues that you may have raised during your inquiries.
This follow up call is a proactive measure they take to ensure that they offer personalized assistance to taxpayers and that their concerns are fully resolved.
6. Assistance with Tax Planning
The tax authorities may also call you to offer you tax planning assistance. If the National Tax Advisory Service analyzes your financial situation, they may contact you to provide guidance on structuring your journey in a tax-efficient manner.
They designed this measure to help taxpayers reduce their tax liabilities and enhance their financial strategy for the future.
7. Important Notices and Updates
Since tax laws and regulations are subject to change over time, it is always important to keep taxpayers informed if there is tax reform. So, the tax authorities may call you if there are changes in the tax laws to keep you updated.
They will call you to give you vital updates, notifications, or even reminders as to changes that may affect your financial situation. It is aimed at keeping taxpayers updated and informing them of any adjustments.
8. Educational Outreach
Another possible reason why tax authorities may call taxpayers is to enhance their understanding of their tax obligations and rights. These calls could involve providing information for taxpayers on tax planning strategies, tips for maximizing deductions, and general guidance on how to handle issues related to the tax system.
It is also important to note that educating tax payers is among the core responsibilities of National Tax Advisory Services. So, they assist individuals in making informed decisions about their finances and provide other related financial advice.
Conclusion
There are numerous reasons why the National Tax Advisory Services may call you. Some of the reasons may include unresolved tax issues, the need to verify your information for important updates, follow-up on inquiries, or to prevent taxpayers from falling victim to scammers. Ensure that you respond to calls from tax authorities with utmost sincerity by providing all the details they may need from you to enable them to discharge their duties more effectively.
