How Do You Know if the IRS is Auditing You?

For many Americans, the thought of an IRS audit is synonymous with fear and panic. Whether you suspect that information on your tax returns may stick out as unusual to the IRS, or if you have legitimate reasons to be concerned due to understated income or overstated deductions, often times the fear of the unknown can be worse (or nearly as bad) as the audit itself. Therefore, one of the first steps to alleviate this fear is to simply answer the question of whether or not you are actually facing an IRS audit. If you are, here is how you will know.

IRS Audit Letters

If the IRS decides to audit, or “examine” a taxpayer’s return, that taxpayer will receive written notification from the IRS. The IRS sends written notification to the taxpayer’s or business’s last known address of record. Alternatively, IRS correspondence may be sent to the taxpayer’s tax preparer. Letters sent by the IRS will explain the reason for the correspondence and provide instructions to the taxpayer. There are numerous different types of IRS Audit Letters and a qualified tax lawyer can certainly help you clearly identify your problem and explain your options. To continue reading this article and learn about the other ways that you can find out if the IRS is auditing you, visit: http://thetaxlawyer.com/irs-audit/how-do-you-know-if-the-irs-is-auditing-you and for a free consultation with The Tax Attorney — William D Hartsock, visit http://TheTaxLawyer.com