What is the tax audit process like?

What is the tax audit process like?

The tax audit process involves a review of your financial records by the IRS to ensure accuracy in your tax returns.

How long does a tax audit usually take?

Typically, a tax audit can take anywhere from a few months to over a year, depending on the complexity of your case.

What documents should I prepare for an audit?

You should prepare your tax returns, W-2s, 1099s, receipts, and any other relevant financial documents.

Can I appeal the audit findings?

Yes, you can appeal the findings if you disagree with the auditor's conclusions. You'll need to follow the IRS's appeal process.

What happens if I don't respond to an audit request?

If you don't respond, the IRS may make a determination based on the information they have, which could lead to penalties.