17 Reasons the IRS Will Audit Your Tax Return » Mortgage Masters Group

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What Happens If You Get Audited?. you may be required to attend an in-person audit at a local IRS office. In-office tax audits are necessary when the IRS needs a more detailed explanation than.

An irs tax audit is something that most people would like to avoid.. mistakes when filing taxes that could trigger the IRS to audit your return.. receive your income forms, the IRS receives copies of your mortgage interest,

An tax audit is simply the IRS or state tax authority double-checking your numbers to make sure you don’t have any discrepancies in your return. If you’re telling the truth, and the whole.

While it is unwelcome news for most, the truth is that the IRS typically has up to three years to select a return to audit. However, if the agency suspects you of committing fraud to prevent paying owed taxes or you did not file a return, there is no time limit and you could receive an audit notice after three years..

Short on personnel and funding, the IRS audited only 0.70% of all individual tax returns in 2016. So the odds are pretty low that your return will.

Find out how you'll be notified of an IRS audit, why you've been selected, how. We compare your tax return against “norms” for similar returns.. the items noted and forward the return for assignment to an examining group.

Your return may be examined for a variety of reasons, and the examination may take place in any one of several ways. After the examination, if any changes to your tax are proposed, you can either agree with those changes and pay any additional tax you may owe, or you can disagree with the changes and appeal the decision.

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Your return could also be selected for a tax audit. If the auditor that initially reviews your return thinks it is necessary to conduct a more thorough examination, it will be forwarded to an examining group and reviewed by a manager to determine if it is best to move forward with a full-fledged audit or accept the return as is.