How Do You Challenge An IRS Audit?
An audit from the Internal Revenue Service (IRS) is not something that anyone happily anticipates, but audits are a reality for many taxpayers. If you are unfortunate enough to have to fight an IRS audit, here are the steps you can take to survive the audit. Decide if the fight is worth it. Challenging an audit is not for the weak at heart. It takes time and could potentially be expensive to survive. Respond immediately. Whether or not you’re going to fight the audit, respond within the time period the IRS allows for a response. Hire a tax attorney in addition to your Certified Public Accountant (CPA). Do this only if you feel you have that much to fight for. This can be a costly step. However, if there is much on the line, it’s well worth it. For smaller amounts or for low-income tax filers, visit the IRS website and view Publication 4134. Defer all letters to your tax professionals. Some of the letters the IRS sends may have wording that can cause you to inadvertently divulge informa
