Fearing to IRS Tax Audit of Your Income Tax Return? Learn About ...

No three words in the English language can strike as much fear into the heart of the American taxpayer as IRS tax audit. In many minds, the IRS agent has reached the same level of infamy as Dracula and the Wolfman. Yet, before you bring a pitchfork to your IRS audit, let?s take a look at what it really is and what you can do to defend yourself.

An IRS Tax Audit is a process where the questions to IRS Agent correctness of your Income Tax Return. Being selected for an incorrect IRS audit does not necessarily mean that your income tax return is. The IRS is simply calling upon you to verify it. Often, IRS audits will scrutinize the validity of tax deductions, but in recent years the return IRS has begun looking into the validity of your income on a tax. The first type of IRS audit is the audit correspondence. A live IRS tax agent may never see your income tax return, but you can be audited anyway. The IRS computers scrutinize thousands of returns each year. If a problem is found, you will receive to IRS Tax Audit Correspondence. The IRS asks you to Provide proof of the claims on your income tax return via certified mail. Your Adjusted Income Tax Return will then be reviewed. If the matter is not settled at that point, you may have to go to a face-to-face with at Tax Audit IRS agent. The second type of IRS audit is the more traditional face-to- face audit. You will be contacted via a letter requesting you to be present at an IRS audit at a specific location, date, and time. You want to sit down with a live agent and your IRS income tax return will be reviewed. It may be beneficial for you to hire a tax attorney for your IRS audit. When the IRS tax agent has finished his review of your Income Tax Return and any changes made, he wants to present his findings in Examination Report. An Examination report will list any changes made to your return and the reasons why

To be clear, in Examination Report is a recommendation for changes to your tax return,. You should not feel obligated to sign it if you do not agree with the IRS agent. If you do disagree with the results of the IRS audit, be prepared to present evidence to refute the IRS agent?s findings. You may also request a meeting with his supervisor or appeal the IRS tax agent?s findings during the IRS audit in writing not within 30 days of the Examination Report.

Remember to IRS tax agent is a monster from under the bed. He does not wield ultimate power. With proper documentation and some initiative, you can stop to IRS Tax Audit in its tracks. id=?article-resource?> If you are looking for expert tax advice, Visit

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