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Fazzio Law Offices

Audits: Why You Were Selected and What You Can Do


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6/19/2013
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Taxpayers always have the fear of being audited, but in the back of our minds, we never really expect to be the subject of an audit. That's why, when people find out they have been selected for an audit, it can be quite shocking and overwhelming. A common question we hear is very understandable: "Why was I selected for an audit?"

The IRS says that when tax returns are filed, they are compared against similar returns called "norms." The "norms" are developed from audits of a statistically valid random sample of returns. An auditor reviews your return, and if there are some questionable items that she notes, your return will move on to an examining group. A manager will examine the return and once he is done, it is either accepted or it is assigned to an auditor.

When you're selected for an audit, the IRS can include any returns you have filed within the last three years. If they identify a substantial error, they may add additional years, but will not go back more than six years.

If you going to be audited, an experienced tax attorney can help relieve your anxiety and confusion. Your tax attorney will build a professional relationship with your auditor and will go through all of your records to build a case file the IRS will be happy with. Even if you haven't been the best with record keeping or bookkeeping, your tax attorney will know how to find what is necessary to back up what is in your tax return.

If you are being audited in New York or New Jersey and need the help of a tax attorney, contact Fazzio Law today at 855-743-0262 for a free consultation.



Category: Tax Law

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