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90-Day Letter

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90-Day Letter
An IRS notice sent after an audit stating that there was a discrepancy or error within an individuals taxes and they will be assessed unless petitioned.

Notes:
You have 90 days to respond, otherwise the audit deficiencies will result in reassessment.

See also: Audit, IRS
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For the nonattorney tax practitioner, being able to prepare and file a petition is a useful skill against the tolling of a 90-day letter.
Tax Court petition filing by nonattorneys by Holub, Steven F. / The Tax Adviser
The court also ruled the statute of limitations began to run when the limited partners received their respective 90-day letters from the IRS, since this was the date the legal obligation to pay the tax claim began.
Privity, statute of limitation in tax case by Journal of Accountancy
The situation is especially egregious with respect to the assessment of "hot interest" under section 6621(c) of ;he Code which increases the interest rate by two percentage points on large corporate underpayments where the underpayment remains outstanding more than 30 days following the issuance of either a 30-day or a 90-day letter.
Testimony on Taxpayer Bill of Rights II: December 10, 1991 by Tax Executive
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