Best Certified Public Accountants in Decatur, GA

IRS Audit Guide 📑 Taxpayers are selected for an IRS audit for a variety of reasons. Some taxpayers are chosen due to a document mismatch, such as a return that is missing 1099’s or W-2’s. The IRS computers usually spot missing documents based on the social security number (SSN) or employer identification number (EIN) on the document. Others taxpayers are selected for audit due to statistical irregularities, such as unusually high charitable contributions or business expenses. Think of the luxury car parked in the driveway of taxpayer who declares $35,000 in income per year. An IRS audit letter or notice announces the start of the audit. This letter may ask for further information about details on the tax return, such as itemized deductions, eligibility for credits or filing status. Often the letter will ask for documentation, such as copies of receipts. Or, the letter may ask about unreported income. The IRS audit letter usually comes by certified mail. The letter will identify the name of the taxpayer, including social security number, the tax form, the tax year and the type of audit that the IRS is conducting. Open the letter right away. Attempt to answer the letter or hire a CPA or Enrolled Agent who is experienced with IRS tax audits to answer the letter for you. Do not delay. The letter will have a response deadline. Call us to discuss your IRS audit in detail. Our friendly CP As, Enrolled Agents and tax advisers are here to help you through every step!