Appealing an IRS Audit Result
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- Category: Audits
- Written by Madeline Delanni
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The IRS auditor sits with you and combs through all your files and receipts. They collect all your information and after all that, they slap you with a huge bill. You're now nauseous and possibly scared because there's no way they're right. So now you want to file an appeal. You should know that IRS agents grudgingly refer to the internal appeals process as the "gift shop" because so many taxpayers are able to downsize the amount of taxes, interest and penalties owed by appealing their audit.
A potential downside to appealing is an appeals officer may determine you owe more after uncovering issues missed by the initial auditor. IRS appeals agents are entirely independent of the opinions and conclusions of audit agents. They have a lot of
IRS Audit Tips
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- Category: Audits
- Written by Madeline Delanni
- Hits: 4573
Got a note that you're being audited? Fear not. Take a few deep breaths and then start getting prepared. You can be sure that educating yourself and following a few simple rules can make the process less painful.
Kinds of Audits
Some audits are worse than others. You can expect either:
- A correspondence audit, by mail, asking for a straightforward answer (by mail) on less complicated issues, such as proof of deductions
- An office audit, held in the IRS office, where you'll be asked to produce receipts and other documents related to specific issues or
- A field audit, where the IRS agent comes to your home or place of business
Producing Financial Documentation
The IRS has the right to look at your financial records to see if you've