How Do IRS Audits Work?

Author: External Author | | Categories: IRS Audit Notification

The word "audit" can make anyone break out in a sweat, but a little understanding about what it is and how the Internal Revenue Service (IRS) works may make you more comfortable. Some audits are no big deal; some can be onerous. Once you identify the type of tax audit that’s being conducted, you'll know—or at least have a better sense of—what’s involved. So dry your brow, and let's begin.

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Original Article Source Credits:   Investopedia , https://www.investopedia.com/

Article Written By:   BARBARA WELTMAN

Original Article Posted on:  Mar 13, 2021

Link to Original Article:  https://www.investopedia.com/articles/personal-finance/032415/how-do-irs-audits-work.asp



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