If you are in Claremont, California, and have been chosen for an IRS tax audit, do not panic! It does not necessarily mean you are in trouble. It simply means the IRS has questions about some of the information you put on your tax return. There may be errors on your return or information that’s “out of the ordinary.” These tips from Mr. Steve Whyte of Whyte & Associates, Inc. provide valuable insight into what to do if you are audited.
There are three types of IRS audits:
You can respond to mail audits by fax or mail. Office and field audits require that you meet with IRS officials in person.
Audits generally require that you provide documentation to substantiate the information you put on your tax return. Always respond to an IRS audit without delay.
Mail audits can often be resolved quickly by mailing or faxing the information the IRS needs to the office that requested it. If the information satisfies the IRS, the audit is finished.
Office and field audits are conducted in person. Prepare for your audit by organizing your tax records, bank statements, loan papers, receipts, and any other information you may need to verify the data on your tax return.
To the best of your knowledge, answer all questions truthfully to avoid misunderstandings or future confrontations with the IRS.
For office and field audits, it is best to seek help from a professional accounting firm like Whyte & Associates, Inc. to represent your interests when meeting with IRS officials. Mr. Steve Whyte and our team have ample experience handling IRS audits for individuals, businesses, and non-profits in the Claremont area. We will guide you through the tax audit process and help you clarify prospective issues on your tax return.
You do not have to go it alone when dealing with the IRS. Working with an experienced accountant can take the stress out of being audited. For help navigating the tax audit process, contact Mr. Steve Whyte from Whyte & Associates, Inc. at (909) 575-0080.