Im Being Audited, What Do I Do?

What is the first thing you should do when you find out that you are being audited?

Im Being Audited, What Do I Do?

The IRS can be scary when they conduct an audit and it is always a good idea to consult with an attorney, CPA or enrolled agent before ever talking to the IRS. Professional representation can save you a lot of time and a lot of money. Knowing what to say and what not to say to the IRS is the key to having a successful audit. A professional that has experience in audits can help you understand your right and how to talk with the IRS.

Whether you decide to hire a tax professional or not there are three things you need to do if you are audited.

Always read and fully understand what you are being audited for.

Read The Audit Handbook

Read the IRS audit handbook so you can become familiar with the interview questions the IRS is going to ask you. A professional comes in handy here by explaining what the handbook is saying.

Always remember to be quiet as much as possible. Answer what the IRS is asking of you and no more. Make sure all your records are in order and give them what they ask for.

About Paul Gaulkin CPA

Paul Gaulkin is a Certified Public Accountant and enrolled with the U.S. Treasury to practice before the IRS. Mr. Gaulkin possesses unique technical knowledge in the process of securing relief for taxpayers nationwide with IRS and State tax problems. With an accounting degree from Florida International University, he is able to transform complex tax and accounting problems into easy to understand solutions.


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