Iowa Admin. Code r. 701-55.2

Current through Register Vol. 47, No. 6, September 18, 2024

Rule 701-55.2 - Notice of assessment

If after following the procedure outlined in 5 5.1 (2) no agreement is reached, and the taxpayer does not pay the amount determined to be correct, a notice of assessment shall be sent to the taxpayer by mail. If the period in which the correct amount of tax can be determined is nearly at an end, either a notice of assessment, without compliance with 55.1(1) and 55.1(2), or a jeopardy assessment may be issued. All notices of assessment shall contain the signature of the director This rule is intended to implement Iowa Code sections 42225. and 42228..