An IRS Audit (Part III) What do I need to provide for an IRS Audit? The IRS will provide you with a written request for the specific documents they want to see. Examples are listed below. The IRS accepts some electronic records that are produced by tax software. The IRS may request those in lieu…

Read More

An IRS Audit (Part II) How am I notified? Should your account be selected for audit, the IRS will notify you by mail. They will not initiate an audit by telephone. How will the IRS conduct my audit? The IRS manages audits either by mail or through an in-person interview to review your records. The…

Read More

An IRS Audit What is an IRS audit? An IRS audit is a review/examination of an organization’s or individual’s accounts and financial information to ensure information is reported correctly according to the tax laws and to verify the reported amount of tax is correct. Why am I being selected for an audit? Selection for an…

Read More

Taxpayer Bill of Rights (Part XVIII): The IRS has adopted a Taxpayer Bill of Rights as proposed by prior National Taxpayer Advocate Nina Olson  Bill of Right #10: The Right to a Fair and Just Tax System (cont.)  · You may request that the IRS remove any interest from your account that was caused by…

Read More