Many of us know that the IRS is an agency that no one wants to mess with. The last thing you need is a red flag over your head after you make a mistake on your taxes, or you try to cheat them. If you are on their hit list you should get expert tax advice as soon as possible. If you cannot afford a professional then we can give you a few pointers to help you get out of hot water the easiest way possible.
If you get a notice from the IRS you should respond to it as quickly as you possibly can. Typically, you have about one month to acknowledge the audit without a penalty being held against you. The IRS will tell you exactly what you are being audited for so read the notice until you understand every little detail of it. When you go to the agency do not bring any materials or information that is irrelevant to the issue. You don’t want to give them too much information, only what they ask for.
Also, you want to make sure that you have all of your documents in order. You don’t want to have to dig for minutes and minutes while the auditor waits for you to finish. Remember to make copies of all your original documents because you don’t want to risk losing something before you talk to the auditor.
You can always opt to disagree with the official decision of the auditor however, make sure that you have your ducks in a row because IRS officials are extremely prudent in the tax game. So try to work with the official the best you possibly can to come up with a fair solution.