One of the most harrowing experiences you can endure is when you get a letter in the mail from the IRS saying that you are being audited by the IRS. The IRS tax Fort Worth can audit you for several years after you have filed a return but most people are unaware of this fact. The IRS audit will normally audit because they suspect that there is an inaccuracy with your tax return. It is usually not at all good news when the IRS decides to audit you so you should take the following steps when you are under an IRS audit in Fort Worth:

Prepare a file for the audit information

The IRS is not one of the faster moving organizations. In fact, it can take up to a year before they even complete their audit. You should prepare a folder for the audit information that you will keep in a safe place for easy reference. Realize that this process is not going to go quickly and that it will take a great deal of patience on your part. In the folder, put all of the correspondence relating to the audit as well as a copy of that year’s tax returns and any receipts you have to back up that tax return.

Copy everything you send to the IRS

Never send the IRS originals of anything. They will most likely ask for copies of documents more than once. Keep the originals of all your documents in the folder and send the IRS only copies of whatever documents they ask for. Also keep a copy of any fax documents such as receipts of transactions and any correspondence that you send to them when you are answering an audit. When you go through an IRS audit in Fort Worth, it can be very time consuming and frustrating, just bear with the process and send the requested documentation.

Never give more information than asked

Never give the IRS any more information than what they ask for. You may think that you are being helpful but you will find out too late that you aren’t. Chances are that it will end up mucking up the works even more. Just give them only what they ask for and nothing more or nothing less.

Always be truthful when dealing with the IRS

The IRS audits department has ways to get documents such as bank statements, work receipts and other financial statements. Always be truthful when dealing with the IRS. If caught in a lie, it might not only screw up your chances of winning your appeal on your audit, but may red flag you for further appeals.

Know that you can appeal any decision

You have the right to appeal any decision that the IRS may make with regard to your taxes. Once you get to this point, however; where you wish to appeal a decision made by the IRS, you may want to retain a tax attorney. Take your time in choosing a tax attorney; while some tax attorneys in Fort Worth charge by the hour, others will only charge you a flat fee for defending you in an IRS audit. When you are going through an IRS audit in Fort Worth, Texas, know you rights and what you can do to make the audit less frustrating and costly.

Author Bio: Seomul evans is a SEO consultant for Tax Attorneys Texas and Tax Attorney Dallas

Category: Legal
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