Being Audited?

Please remember: The IRS will never send you an email or text message related to your tax return or refund. They also will not demand immediate payment or insist on being paid in cash or gift cards. You will always get a physical letter in the mail if it’s a legitimate issue. Anything else is a scam.

Understanding the Types of Audits

An audit can be a daunting prospect, but knowing what you're dealing with can help. Audits generally fall into three categories:

  • Correspondence Audit: The most common type, which typically involves a request for additional information about a specific item on your tax return.

  • Office Audit: Requires you to bring specific documents in to your local IRS office.

  • Field Audit: The most comprehensive, where an IRS agent will come to your home, business, or accountant's office to examine records and systems.

Effective Responses to an Audit: Dos and Don’ts

DO:

  • Understand the Inquiry: Be clear on what the IRS is questioning or seeking.

  • Respond Promptly: Always adhere to the timeline provided by the IRS.

  • Organize Your Documents: Have all requested information sorted and ready for review.

DON’T:

  • Ignore the Audit: Failing to respond can result in more significant penalties or legal action.

  • Volunteer Extra Information: Provide only what's requested, as additional information could trigger further inquiry.

  • Be Untruthful: Misrepresenting information during an audit can lead to criminal charges.

Your Rights as a Taxpayer

Remember, you have rights under the IRS Taxpayer Bill of Rights, which include:

Right to Retain Representation: You are entitled to have an authorized representative act on your behalf.

Right to be informed: You have the right to clear explanations of IRS procedures and decisions regarding your tax accounts.

Right to Challenge the IRS and Be Heard: You have the right to raise objections and provide additional documentation, and to expect that IRS will consider your response promptly and fairly.

Right to Appeal: You are entitled to appeal most IRS decisions in an independent forum, including court.

How We Can Help: Expert Audit Assistance

We can guide you through the audit process with as little stress as possible. Here’s how we can support you:

  • Assessment and Planning: We’ll review the audit letter and prepare a plan of action.

  • Documentation Preparation: Our team will help you compile and organize the necessary documentation.

  • Representation: Our tax professionals can represent you before the IRS or state tax authorities, so you don't have to face them alone.

  • Negotiation and Resolution: If there's a dispute, we’ll work to negotiate a resolution that's in your best interest.

  • Audit Defense: We stay by your side to defend your position and ensure your rights are protected

Don't be daunted by an audit or let important deadlines pass you by. Secure your rights with timely action. Scheduling a consultation with us and we’ll work with you to navigate the intricacies of your audit. Our expertise is your advantage, ensuring a strategy for the best possible resolution.