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The Ins and Outs of IRS Audits

Author: External Author | | Categories: IRS Audit Notification , Tax Accountant , Tax Accounting , Tax Consultant

Blog by Ultimate Tax Relief

If you're like most taxpayers, the thought of an IRS audit doesn't sit well with you, but it might not be as bad as you think. Only around 0.5% of personal returns are audited annually, and the majority of these involve nothing more than an exchange of correspondence.1 However, in more extreme cases, you may have to meet with the IRS in-person.

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Original Article Source Credits:   The Balance , https://www.thebalance.com/

Article Written By:  Beverly Bird 

Original Article Posted on:  September 01, 2020

Link to Original Article:  https://www.thebalance.com/overview-of-individual-taxpayer-irs-audit-4147677



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