What to Expect from an Audit Process?
Though the process of audit is going to be tiresome, you can still work on it if you stay informed. Learn more here are a few things that might help you to prepare and face the IRS with a bit of calm.
1. Remember to keep these things in mind
Request a postponement if you believe you will require additional time to arrange your documents. Before your initial meeting with an IRS agent, you should consult with a reliable representative, if you have one, to talk about potential techniques and the outcomes you anticipate Only the papers that are requested in the notification from the IRS should be brought to the audit. Act in a manner that is professional and pleasant. If you have a representative, it is their responsibility to answer the questions that the agent asks. If you feel that the agent is treating you unfairly, you could make a request to talk to the supervisor of the auditor.
2. If you are unhappy with the results of the audit, you have the option to file an appeal
If you consider the conclusions of the auditor to be accurate, you will need to fill out some documentation and pay the amount that is due. Disputed items can be examined informally with the auditor’s supervisor or through a mediation process that is known as alternative dispute resolution. In the event that this does not address the issue, you have the option of filing an appeal with the IRS Appeals Office. Within the first 30 days after obtaining the audit report, you should write a letter of protest to the Internal Revenue Service. In the event that you are unable to come to terms with the appeals officer, you may be entitled to take your case before the court including United States Tax Court.