Frequently Asked Questions – Tax Audit – What To Expect

HELP WITH IRS TAX EXAMINATION.

We can help you. — See IRS Audit.

WHAT TO EXPECT DURING THE AUDIT? WHAT ARE MY RIGHTS? WHAT TAX AUDITS FORMS SHOULD I SIGN?

During the tax audit process, the auditor may ask you to sign certain forms. Don’t sign anything before you read and understand what it is. Before you sign any document the auditors handles to you, you do have the right to consult with a CPA or a tax lawyer if you decide to represent yourself before the IRS. If you sign any form, make sure you get a copy of it.

I AM BEING AUDITED AND I HAVEN’T HEARD FROM THE AUDITOR FOR MONTHS. WHAT CAN I DO TO GET THE AUDIT OVER WITH?

Don’t do a thing. They will have pressure to close the audit.

They may even give you a waiver of time to extend the statute of limitations on audit.

This gives them beyond the 3 years they have.

Usually it’s a good idea to sign it, but seek consultation with us first.

CAN I MAKE A DEAL WITH THE IRS TO PAY LESS THAN MY TAX BILL?

You can file an Offer in Compromise.

DO I HAVE TO LET THE IRS INTO MY HOME?

No. No one without an order from a judge or certain law enforcement may enter you home without your express permission. — See IRS Audit.

THE AUDITOR IS IMPOSSIBLE TO GET ALONG WITH. WHAT CAN I DO?

After trying your best, request a discussion with the manager for reassignment.

Seek professional advice first.

The Treasury Inspector General’s Office is set up to regulate the behavior of IRS employees. You may want to contact them.

CAN THE IRS TAKE MY HOUSE?

Yes. Anything you own really for non payment of taxes.

The IRS must obtain a court order first when it’s your residence. It’s easier for them to take other assets.

HOW LIKELY AM I TO GET CHARGED WITH CRIMINAL TAX FRAUD?

Not very likely. Only a very small percentage of people get investigated for tax fraud.

WHAT ARE MY CHANCES OF GETTING THROUGH AN AUDIT WITHOUT OWING ADDITIONAL TAXES?

Less then 20% get a clean adjustment report.

You can put the odds in your favor with excellent records and representation.

HOW LONG IS AN IRS AUDIT? HOW MUCH TIME DOES AN AUDIT TAKE?

Usually 4-20 hours depending on what they are looking at.

I HAVE A LOT OF PENALTIES FROM A TAX AUDIT!?

Penalties for late paying.

Negligence and substantial understand penalties.

IF IRS AUDITS YOU, WILL THEY DO IT AGAIN?

They can. Every year. But if you had a no change year, they will stop auditing that category for 2 years.