IRS Audit Representation
Receiving a notice from the Internal Revenue Service (IRS) stating your tax return is under audit can be frightening and unsettling. The tax professionals at Marion & Associates LLC are highly qualified to work with the IRS agent through the entire process.
Why did the IRS choose my tax return?
Just because your tax return was selected for audit does not mean there is anything wrong with the tax return. The Internal Revenue service uses special algorithms to determine if a tax return claimed or deducted unusual items, did not report items on their tax return, and randomly selects additional tax returns for audit.
We highly recommend you contact a tax professional or tax attorney.
Do I need to hire a professional?
We highly recommend you contact a tax professional or tax attorney. A Certified Public Accountant (CPA) or Enrolled Agent (EA) specializes in accurately completing tax returns and the associated IRS documents. The tax professionals at our firm will review the tax return that was submitted, help gather all necessary tax documents, and help to minimize all undesirable consequences of the audit.
What documents do I need to provide?
- Copy of the IRS notice that the taxpayer received
- Copy of the Tax Return under audit
- All Income on IRS Forms (W2, 1099-DIV, 1099-INT, 1099-R, 1099-G, 1099-SSA, 1099-MISC, K-1, etc.)
- Documentation of deductions claimed (Form 1098, real estate bills, charity, IRA contributions, medical, etc.)
- If there was a business or rental property on your tax return (Schedule C, E, F) you will need the following:
- Financial Statements (Profit & Loss Statement and the Balance Sheet)
- Bank Statements associated with the business
- Bank Reconciliations (if maintained)
- All invoices & receipts associated with the expenses claimed on the tax return.
- Any other income or deduction claimed in the tax year.
Interested in IRS Audit Representation?
Our experts at Marion & Associates LLC are standing by.