YES, the IRS employs different methods for conducting audits, and one of these methods involves audits by mail, referred to as “correspondence audits” or “mail audits.” In such audits, the IRS will send you a letter requesting specific information or documentation to verify the items on your tax return. To respond, you’ll need to provide the requested documents or information to the IRS.
For a better understanding of what to expect during a correspondence audit, you can watch a brief video created by the IRS. The video can be accessed here: https://bit.ly/44uptpH
Correspondence audits are typically employed for simpler issues that can be resolved through documentation. These might include verifying income, deductions, credits, or other details on your tax return. In cases where the IRS deems further examination necessary, they may request an in-person audit or an audit to be conducted at an IRS office.
Read the letter carefully and respond promptly
When dealing with IRS communication, it’s vital to carefully read the instructions provided in any correspondence and follow them accurately. If you receive a letter notifying you of an audit or requesting additional information, it’s a wise step to consult a tax professional to ensure you respond appropriately and accurately.
Regardless of whether the audit will be conducted through mail or in person, it’s crucial to know that the IRS ALWAYS NOTIFIES YOU BY MAIL. They do not communicate audit notifications through phone calls, emails, or texts.
Beware of scams impersonating the IRS
If you’re uncertain about the legitimacy of a letter you’ve received, it’s recommended to call the IRS for verification. However, it’s important to NOT use the number provided in the letter. Instead, contact the IRS directly at 1-800-829-1040, Monday through Friday from 7 AM to 7 PM ET, based on your local time zone.
Additionally, be cautious of scams that request personal information. Scammers often impersonate the IRS through emails, social media messages, and other online communications. They might even use phones and faxes to target victims. If you believe you’ve fallen victim to a scam or IRS-related fraud, you can report it to the Treasury Inspector General for Tax Administration at 800-366-4484. For more information on IRS tax scams and consumer alerts, visit: https://bit.ly/3qLYHve
If you have further questions about the topic of this article or any other tax-related queries, you can reach out to us at https://www.nosnik.com/contact/