Hi,
I started a business (sole owner) and registered the business with my SSN. I didn't realize businesses should not be linked to SSN numbers but should be linked to EIN numbers instead. When I transferred the business to a relative some of the (merchant sevices) profit that went to the store was reported as having gone to me (due to me originally linked my SSN to the business). I just received a CP2000 notice that states a third party reported my I/my ssn received $50,000 in 2015 however this money went to my previous store now under different ownership. Would you please advise me on the next step? I have to respond before August 2. My CPA is out of the country and I am searching for someone to help asap. I saw an IRS rep who stated I need to resolve this with the merchant service. However, when I called the merchant service for payment statements, they said my account is permanently deleted and there is no way to retrieve the statements. I was thinking of scheduling an appointment with the IRS but I don't even know what supportive evidence to take or where to begin.
I would appreciate any help/advise you can provide. Thank you in advance
