Audits can be triggered by random selection, discrepancies between your return and other information the IRS has, or involvement in transactions with other taxpayers, such as business partners, who are audited.
The IRS notifies individuals of an audit through mail. They never initiate audits by phone.
There are three types: Correspondence audits (via mail), Office audits (in an IRS office), and Field audits (at your home, business, or accountant's office).
This depends on what the IRS is questioning. Typically, they may request receipts, bills, legal papers, loan agreements, logs, employment documents, and other records relevant to the audit.
The duration varies. Correspondence audits might take a few months, while field audits could last a year or more, depending on the complexity.
The duration varies. Correspondence audits might take a few months, while field audits could last a year or more, depending on the complexity.
Yes, if you disagree with the audit results, you can file an appeal with the IRS.
The audit can result in no change, an agreement to additional tax owed, or, less commonly, a refund if it's found you overpaid.
Ensuring accurate and complete tax returns, reporting all income, and having proper documentation for deductions and credits can help reduce the risk of future audits.
At IRSProb.com, we possess comprehensive knowledge of tax law and understand the nuances of IRS procedures. Our expertise ensures that your rights are respected during the audit process, providing you with the support and guidance needed to navigate this challenging situation.
Trust IRSProb.com for expert assistance and safeguarding your rights throughout the process.
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