If you receive a review notice from the IRS, you should be aware of some things to make sure your experience is as easy as possible. The last thing you have to do is ignore the document request. Even if you don't have the requested content, you can avoid further problems and unnecessary costs by contacting the examiner and requesting additional time.
Please note that simply because you are selected for review does not automatically mean that you have done something wrong. Tax returns can be selected in a variety of ways to include random computer selection, document matching or related checks. The IRS protects taxpayers by providing certain rights related to auditing. The first is "The right to professional and courteous treatment of IRS staff, privacy and confidentiality regarding tax issues, understanding of why IRS requires information, how IRS will use it, and if it does not provide the requested information, either by itself or by authorization. The representative has the right to represent the differences of appeal in the face of the US Internal Revenue Service and the courts [Irs.gov/pub 1]. If you have questions about taxpayer rights, you can contact a taxpayer advocate for help.
The possibility of being audited is one reason why the record is retained to support the three years from the date of your refund and refund. One of the most difficult aspects of conducting an audit is that you must collect the required documentation to confirm your position. Remember that the review is to record the evidence you returned. Failure to record necessary may result in unfavorable or unfounded results, which may cost you money.
Typically, the review is conducted by phone or in person at your local IRS office, home or office or tax professional office, depending on your situation. The US Internal Revenue Service will send you a review notice by phone or email to provide you with sufficient preparation time. If your review results in a change to your return, the change will be fully explained and you will be provided with a description if you choose to appeal the IRS survey results. If you agree to the IRS audit results, you will be required to sign an inspection report or similar form.
If you find yourself taxed after auditing and cannot pay in full, the IRS offers a variety of payment methods designed to help taxpayers survive financial hardship. For more information on the collection process, see publication 594 on irs.gov. Remember, don't be afraid that the IRS respects them. In most cases, negative results come from ignoring notifications and/or failing to ask for help when you need it.
Orignal From: Understand the audit process
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