IRS Audit Notification Letter
IRS Audit Notification Letter
An IRS Audit Notification Letter is an official document from the Internal Revenue Service informing a taxpayer that their tax return has been selected for examination. Key points include:
1. Identifies the tax year(s) under review
2. Specifies the type of audit (mail, office, or field)
3. Lists documents and information required
4. Provides a deadline for response
5. Explains taxpayer rights and the audit process
6. Includes contact information for the assigned IRS agent
Receiving this letter doesn’t necessarily imply wrongdoing but requires prompt attention. It’s crucial to respond within the given timeframe and provide accurate, organized information. The audit may result in no changes, additional taxes owed, or even a refund. Taxpayers have the right to representation by a tax professional during the audit process. While audits can be stressful, understanding your rights and seeking professional assistance if needed can help navigate the process more effectively.