How Do You Survive An IRS Audit?
Have you received a notice that your tax return is being audited by the IRS? Don’t worry; it’s not the end of the world. Here I will show you what you need to do to get through this process quickly and painlessly. Don’t panic. That is first and foremost if you get audited. If your return has been selected for a random audit, then that just means that the IRS computer has seen data that statistically indicates a higher mathematical probability of unsubstantiated deductions. As long as you can prove the deductions that you have taken, then you have nothing to worry about. Even if you don’t have proof or receipts for all of your deductions, the auditor may be willing to take your word for it if all of the numbers on your return are reasonable and you can prove at least some of your deductions. Just be sure to be polite and courteous to your auditor and have copies of all of your receipts handy. Keep all original receipts and proofs of expenditures for your own files and give a set of copi