Receiving an IRS tax return examination (“Audit”) letter in the mail is nerve wracking at best.
Audits can occupy large amounts of your time and can pull you away from work and family for days on end. With little understanding of process and law, most taxpayers drown in a sea of paperwork and tax law. IRS agents and officers are trained to diligently move your case along and issue a “bill” with their findings should you not be able to provide exactly what is needed in the manner prescribed by law. The IRS will count every penny during its effort to determine the accuracy of your tax return. If you don’t comply with the Auditors’ wishes as allowed by law, the IRS will recalculate your tax and send you home with a hefty tax bill as your parting gift.