Tuesday, July 6, 2021

Are You Worried About an Income Tax Audit?

An audit of your income tax return doesn’t always mean there’s a problem. Returns can be selected randomly and can also be selected if a partner or investor was selected for audit. 

Even if your income tax return is selected for audit, chances are good the auditor will accept it as is — unless they question part of the return.

If your return is selected for an audit, don’t panic! As a taxpayer, you have the right to be treated courteously and with confidentiality. And, remember, IRS agents are not out to “get” anybody. They are professionals doing their jobs — correcting errors and checking facts — and want the audit to be resolved quickly, efficiently, and accurately.

Need help with an audit in the Ann Arbor area? Learn more on our website!