udits are regularly issued will occur. Since the majority of
by the Internal Revenue taxpayers are unprepared for an
Service (IRS). There are audit, many taxpayers may ask for
two main reasons why an more time to prepare. The
individual or business may be majority of audit appointment
audited by the Internal Revenue extension requests are granted.
Service (IRS). Random audits are not as frequent as they used to size="-2">http://www.taxhelpdirec
be; however, they do still exist. tory.com/audit/irsaudit/
The majority of audits ordered by
the Internal Revenue Service Before an audit occurs taxpayers
(IRS) are because they noticed a will have to prepare all of the
large mistake or they feel a necessary financial documents for
taxpayer is trying to deceive the audit. It is important you
them to receive a larger tax determine which year you are
refund. Despite what many being audited for. The Internal
individuals feel, being audited Revenue Service (IRS) typically
is not the end of the world. The requests an audit one to three
best way to handle an audit is to years after a tax return has been
learn ahead of time what do if filed; however, they can request
you’re audited. an audit at anytime if they feel
a taxpayer was trying to defraud
When the Internal Revenue Service the government. Knowing which
(IRS) makes the decision to year you are being audited for
perform an audit someone from the will prevent you from wasting
Internal Revenue Service will time looking for the wrong
contact you. At this time they documents, or from looking
should provide you with the unprofessional by showing up at
information you may need for the an audit with the financial
audit and what time the audit records for the wrong year.
encouraged to answer all of the
Although audits performed by the auditor’s questions accurately;
Internal Revenue Service (IRS) but they are also encouraged not
are stressful and potentially to offer any extra information.
confusing, there are a number of
taxpayers who handle audits all While they are just trying to do
on their own. If you make the their job, it is possible that
decision to deal with an auditor some auditors may come off as
on your own, there are a number being mean or pushy. You need to
of things you should consider and know that if at any time you do
keep in mind during the audit. not feel comfortable in the tax
There are many taxpayers who feel audit or you do not feel things
they are being helpful by are going your way, you can hire
volunteering information to the the services of a professional
auditor; however, many do not tax lawyer. To do so you will
realize they can actually be have to temporarily stop the
doing more harm them good. The audit and request an extension.
majority of audits focus on a There is nothing wrong with
particular part of a tax return. hiring a tax attorney and it does
When a specific part of a tax not mean you did something
return is being examined, many illegal. There are a number of
auditors do not even review the individuals who did not know what
other parts. Individuals who to expect when being audited and
volunteer information on their later determined it was something
own may raise a red flag to they were not equipped to handle.
another error that previously Tax attorneys are likely to see
went unnoticed by the Internal an audit through all the way to
Revenue Service (IRS). the end and then work with you to
Individuals representing resolve a problem with the
themselves in an audit are Internal Revenue Service (IRS).
professional tax attorney there
The majority of taxpayers will are a number of ways to learn
not experience an audit in their what to do if you are audited. As
lifetime; however, it is still a long as you were honest on your
situation that everyone should be tax return and have all of your
prepared for. Whether you financial records in order, you
represent yourself at an audit or should have nothing to worry
hire the services of a about.
About the Author: Gray Rollins is a featured writer for the TaxHelpDirectory.com. To learn more about how to avoid being audited, and tax audits, please visit our site.
