Chen & Fogg
Certified Public Accountants
No one ever wants to have to deal with the IRS, and one of the worst forms that dreaded dealing can take is an audit. What triggers an audit widely varies, but once it happens, the same types of things are going to occur.
Undergoing an audit means that an IRS agent is reviewing your income, and will request paperwork to back up the numbers on your returns. That agent will also be poring over previous years’ returns and looking if there were any prior audits. Finally, he will look into assessing penalties.
This all begins (as do all IRS dealings) with a letter. As always, this is scary from the moment you see it, but open it and do not ignore it. The situation will never improve by putting it off. You are then going to be expected to set up a meeting with the agent assigned to your case. And you thought just getting the letter felt bad …
If you find yourself in this situation, you do not have to go about it alone, however. If you want to know more about what to expect during your audit, and how we might be able to help, please contact us!
6300 W. I-40 Suite 102A
Amarillo, Texas 79106
Have Any Questions? Call (806)290-0850
~ MENU ~