Tax Audits

IRS audits can be a daunting experience, especially if you have never been through one before. Tax audits can happen at random or due to discrepancies in your tax returns. When you receive an audit notice, carefully read it to determine the type of audit and the...

Correspondence from the IRS that they plan to audit your taxes could cause uncertainty and angst. Knowing some of the reasons why they might do this can help you prepare a defense. The good news is, even if the IRS finds something concerning, you can eventually remedy...

Not many California taxpayers wind up becoming the subject of a tax audit, but it does happen. Most of the time, it happens because something a taxpayer does when filing taxes attracts the attention of the IRS, prompting the service to take a closer look at the...

Receiving notice of a tax audit can be an unnerving experience. You may be wondering if it is possible to challenge the audit and protect yourself from potential penalties or additional taxes. The good news is that you do have options for disputing a tax audit if you...

Receiving a notice from the Internal Revenue Service (IRS) about an audit can make you feel nervous. Although audit chances are relatively low, understanding the common reasons for an audit helps you take steps to reduce your risk and ensure your tax returns are...

Dealing with the IRS can be stressful for everyone, but it becomes particularly stressful when you have to deal with a tax audit. During your tax audit, you will have to provide a variety of records. Understanding what the IRS expects from you can help you prepare for...

A tax audit can be an uncomfortable situation, but you still have rights during the process. The IRS has to treat you fairly and allow you certain accommodations. While it is your job to comply with requests and to be honest with the agents, you also need to stand up...

Learning that the IRS wants to audit you is an overwhelming prospect. It is natural to feel concerned, but keep in mind that some audits result from random selection. Even if the IRS has questions about your tax return due to errors or oversights, there is no reason...

If you owe the IRS money, it can be challenging to figure out how to pay that bill. You may not have expected to owe the money, and you may not have it on hand. The IRS explains it offers multiple ways for you to handle your tax debt. Additional time option You may be...