Tax Audits
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About Tax Audit
What Is Tax Audit?
What is a tax audit? You’ve likely heard the term thrown around as a cautionary tale. A tax audit, also known as an IRS audit, is an in-depth evaluation of an individual’s or business’s income tax return to verify that the information provided is correct.
Once an audit is complete, the officer will make their determination as to whether changes to your tax return are required. However, you may have the option to appeal their assessment. Fortunately, Community Tax provides audit defense and can help you with this process.
No matter how big your tax debt is, we have a solution for you.
Tax Process
Types Of Tax Audits
01
Mail Audits
This type of audit is conducted by mail. The IRS will send you a request for further information that you will need to send to them. Often, this type of audit is used to provide proof of certain deductions you took.
02
Office Audits
For this type of audit, you will need to attend a meeting at an IRS office. An audit officer will interview you about certain aspects of your return and may request that you bring certain documentation regarding your expenses.
03
Field Audits
In the case of a field audit, an IRS audit officer will visit your home or business. These types of audits are generally reserved for when a thorough evaluation is required.
FAQs
Explore Our Common Tax Questions
Who Gets Audited?
Individuals or businesses who have made mistakes or questionable claims on their federal tax return may be audited. Generally, the IRS audits taxpayers that they believe owe more taxes than they paid and that they have a fairly good chance of actually retrieving that money.
What Will Trigger a Tax Audit?
A few reasons the IRS may audit you or your business include:
- There are errors on your tax return.
- You’ve failed to report a portion of your income.
- You’ve reported false donations or other deductions.
- You’ve claimed the same dependent as someone else.
Typically, the IRS decides to perform an audit when something is incorrect or seems suspicious on your taxes.
How Do You Know If You’re Being Audited?
In most cases, the audit will send you a letter notifying you that you’re being audited. If you receive an email or phone call claiming the IRS is auditing you, be wary: it may be a scam.