TAX, ACCOUNTING & BOOKKEEPING FOR INDIVIDUALS & BUSINESSES

Audit

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“I rely on David Spencer for solid advice on all things financial. Sharp as they come, encyclopedic knowledge, comprehensive care”

Audit letters can be frightening.  Our team is experienced in facing the IRS and state tax auditor, working with you to gather the data you need and present it to the auditor clearly and cleanly.  Our team will handle meetings with the IRS, negotiating on your behalf. Our staff cannot be steamrolled by the government—they know what you’re entitled to under the internal rules, and by law, and if you aren’t treated fairly we’re experienced in appeal through the internal appeals at the IRS and State levels, and to Tax Court if necessary.

Field Audit

What most people think of as “audit” can be a “field audit” where the revenue agent will investigate in the field to determine the audit response or an “office examination” where documents are sent and discussions are held, generally at the IRS’ office.  These are the most intrusive types of audit and can become the most involved, particularly in responding to IDRs (Information Document Requests). We can assist with all phases of a field audit or office exam from initial contact through to resolution or (if necessary) appeal of a revenue agent’s decision.

Correspondence Audit

There are also lesser interactions that still count as an audit.  A “correspondence audit” can be an automated letter indicating the IRS believes you did not include income, made a mathematical error on your return, or is asking for a small piece of additional documentation with respect to a particular item on the return.  An AUR letter indicates that the IRS sees income from another source (income on a 1099-INT for example) that you didn’t include on a return. We handle these audits for existing clients (as part of our “audit insurance” program), but generally don’t get involved in these situations for new clients.