What's The IRS Audit Process?
- Topics:
- Audits
- Tags:
- Article Slide,
- Audit,
- Finance,
- Financial Accounting,
- Financial Planning,
- Free Trade,
- Internal Revenue Service,
- Personal Finance,
- Taxes
- Source:
- Article Slide
FREE Registration is required
Overview: The IRS conducts thousands of audits on taxpayer's tax returns every year. Audits come in three forms: Correspondence, Face-to-Face, and Field. If you are selected for an audit, it does not mean that you have done anything wrong. What it does mean is that the IRS needs to determine if your tax return was prepared correctly. The IRS examines every tax return filed. With the use of its computer program, Discriminate Function System (DIF), it compares your deductions with the averages. If your DIF score is higher than average, you are more likely to be audited.
(Is this item miscategorized? Does it need more tags? Let us know.)
Format: HTML | Date: Apr 2009 | Pages: 3
People who downloaded this item also downloaded
 |
IRS Correspondence Audits - What Taxpayers Need To Know |
|
IRS Audits - What You Need To Know |
