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subject: Why Were You Chosen For An Irs Tax Audit [print this page]


IRS Audit Notifications
IRS Audit Notifications

A person will be contacted by mail or telephone as an official notification that an IRS audit has been levied against their person or company. Included in this contact may be a listing of the information required to repeal the examination and clear the individual or corporation from owing extra money, fines or fees.

How is Someone Chosen for an IRS Tax Audit?

When an individual or association files their taxes, the line items documented are compared against other returns in those categories, industries or income brackets based on statistical information that has been collected over the life of the IRS. Once the return is looked at by someone who is qualified in the field of the return, the accountant will either approve the filed return as is, or set it aside for a full tax audit. If it is set aside, then a contact is created. There is also a random screening selection that will flag a return based only on a formula that revolves around statistical information.Other ways to be flagged for an IRS tax audit is when your return does not match what your boss reported, or vice versa. Overt signs of red flags on a business accomplice or investors' return could also induce an individual or business being audited as well.

Acknowleding a Tax Audit

Acknoweledging an IRS audit can be as effortless as countering their request by mail. If the IRS provides an individual with a list of items needed to clear the tax examination from contest, the tax payer can merely create copies of this paperwork and present it to the IRS via mail. An IRS audit can also be fought by returning the requested materials to a local IRS office, or by scheduling an appointment with an IRS agent at your company's physical location, allowing all paperwork to be seen at once.

Tax Payer Rights

People have the right to be treated courteously and professionally by all IRS agents, and are permitted a right to privacy and confidentiality when handling tax issues. Additionally, they have the right to know why the IRS is asking for the information, and the right to know how they will use that data once received. Finally, everyone has the right to representation when dealing with an IRS audit, as well as the right to appeal any outstanding disagreements with the IRS, or before a court, if needed.

by: nevekid684co




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