Tax Audits
A tax audit is an examination of your tax return by the IRS to verify that your income and deductions are accurate. A tax audit is when the IRS decides to examine your tax return a little more closely and verify that your income and deductions are accurate. The purpose of a tax audit or a return examination is to determine whether reports filed with the taxing authorities are correct. The tax agencies identify and resolve taxpayer errors.
Types of tax audits
All tax audits are not the same. The one you encounter depends on your situation, what the IRS gathered from your tax return and the items that are needed to resolve the issue.
- Correspondence audit
- Office audit
- Field audit
- Taxpayer Compliance Measurement Program audits