Oh no! You need audit advice. You just received in the mail a
notification that you are going to be audited by the IRS. What now? How
do you respond to this and should you be having a heart attack now?
While many people lose it as soon as they realize that the IRS is going
to be asking for their records and proof, the fact of the matter is
that the best audit advice is to stay calm and gather the information
that you need carefully, accurately and without worry.
Before you put it to the side and decide to deal with it later, (it
won’t go away by the way) take the time to respond to it. Give the IRS
a call and find out what is going on and when they want to come and see
your paperwork. This simple phone call can help you find the right
information before you react the wrong way. Remember, it’s not the
fault of the lady on the other side of the phone, that this is yours
either. So, be nice, play fair and be honest.
Do you need some extra time to get your information in order? Need to
dig out that box, organize it and hope that it's all there? Then make
sure to ask for a postponement of the audit. This audit advice is very
important: don’t wait until the last minute to do it either! Call them
up and ask for a small delay so that you can get things in order.
Simple, done.
Lastly, it is important to realize that most audits are simply needed
because of minor errors. You added or subtracted wrong. You entered the
wrong information on the wrong line. That type of thing occurs
everyday. This audit advice is to be honest about what is happening
with you. So, you made a mistake. Fix it by providing a good attitude
to the IRS auditor that comes to see you.
