How to Respond to an IRS Audit Letter
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Did you receive Letter 6323 initiating an IRS Audit for your income taxes?
The same letter from the IRS is sent to businesses and individuals, and they are only sent through certified mail. Tax audits are not conducted through the phone.
The number of IRS audits are picking back up. The moratorium on audits ended on July 15th and IRS is actively sending out these letter 6323 notices right now! If you receive one of these letters it will contain the following information:
Your audit letter contains:
- The tax year of the audit.
- The taxpayer name being examined (this is where you will determine if you personally or your business are under review).
- The deadline to respond is 30 days.
- Your assigned Revenue Agent’s name and phone number.
- A summary of what issues are being audited.
So: here are a couple of PRO TIPS:
Things not to do:
- You should not: Provide records to your Revenue Agent before consulting a tax lawyer.
- You should: Contact a tax professional before supplying the IRS with any records to ensure you don’t provide the wrong information. You can easily make things worse that may expand your audit if you believe you have made serious mistakes on your return.
- You should: begin your response as soon as possible. You have a window of 30 days to reply to your audit letter.
What Should Be Part of Your Audit Letter Response?
- Your Full Name
- The Name of the IRS officer on your case
- Employee ID
- Your Contact Information
- Tax ID Number
- Business ID if needed
- Requested Records or Supporting Documentation
Speaking with a tax attorney falls under attorney-client privilege (unlike a CPA or accountant). Your CPA may be subpoenaed or summoned by IRS.
Sending a flawless letter is imperative to your case. Speak with our team of experts at Milikowsky Tax Law today to make sure you are fully covered for your audit. Our team is fully equipped to take on your case, and respond to your specific circumstances.