The IRS sometimes finds cause to examine a tax return. Receiving an audit letter does not always mean you are guilty of something. A letter simply means that the IRS would like some documentation or clarification regarding an item on your tax return. It is possible that what begins as a request for more information can become an investigation of your finances. This is one of the main reasons you should seek tax audit representation as early as possible.
If you've gotten an audit letter from the IRS, your tax return was probably noticed as a result of having a mistake or "red flag." What happens next depends on what the IRS has discovered.
The IRS will ask for particular information or documentation. There is a good chance that you will just be asked to mail that information to the IRS. However, you may also be asked to meet with an IRS representative. It's important to know that you do not need to attend such a meeting on your own. It is within your legal rights to bring a representative along to provide assistance during your IRS meeting.
The information that you give to the IRS may be satisfactory enough to get your audit case closed without any adjustments. However, the IRS can determine that you owe additional taxes. What's more, penalties can be tacked on in certain circumstances. There is even the possibility that your "simple" audit will become a much longer investigation that dives into your past tax returns. You need to know that you can dispute any changes the IRS proposes to your return.
The best way to handle an audit is to handle an audit. You should never close your eyes while hoping for the best once the IRS has singled out your return. Tax Alliance is here to provide IRS audit help at every phase of the audit process. We have a team of experts waiting to help you get the best outcome.
Because of advancements in our technology, we are able to communicate with the IRS electronically, its as if we are in the same office! Faster service and more cost effective!
If you are not happy with our tax services within the initial 21 days, we will give you a 100% refund of services rendered, no questions asked!
You find it, we will match it! Tax Alliance will match and beat (by 10%) any competitive offer. Contact our office today and receive a free no obligation tax consultation.
Because of advancements in our technology, we are able to communicate with the IRS electronically, its as if we are in the same office! Faster service and more cost effective!
If you are not happy with our tax services within the initial 21 days, we will give you a 100% refund of services rendered, no questions asked! We help our clients nationwide!
You find it, we will match it! Tax Alliance will match and beat (by 10%) any competitive offer. Contact our office today and receive a free no obligation tax consultation.