AUDITS

(Finders, Keepers; Losers, Weepers)

The IRS can audit you by mail, at their offices or at your place. A "mail" audit may be just for missing documents. An "at their office" audit will be more documents plus demands for explanations. The IRS is looking for unreported income or improper deductions. An "at your place" audit will be done by highly trained Revenue Agents and often gets expanded to other tax years and many more problems. While at your place, a "lifestyle audit" also occurs. Audits are serious business. Always get professional help.