Do I have to provide information requested by an IRS auditor? No, you do not necessarily have to provide every piece of information requested by an IRS auditor, and you certainly do not have to provide additional unrequested information in an attempt to establish your trustworthiness. There are specific laws,...
The Taxpayer Bill of Rights – 10 Fundamental Rights for US Taxpayers
Are you aware of the Taxpayer Bill of Rights? We are reminded, especially during tax season, that taxpayers have 10 fundamental rights in dealing with the Internal Revenue Service, and that IRS employees are expected to understand and apply taxpayer rights throughout their process. This applies to an IRS audit...
Would You Prefer to Write a Large Check during an IRS Audit …
Or write a much smaller check that will reduce the cost of the audit? If you have been contacted by the IRS for a field audit or office audit it is important to understand they have already developed a strategy for your audit. They have a revenue target associated with...