Oh no! It would be best if you had audit advice. You just received a notification in the mail that the IRS will audit you. What now? How do you respond to this, and should you have a heart attack now? While many people lose it as soon as they realize that the IRS will be asking for their records and proof, the fact is that the best audit advice is to stay calm and gather the information 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. Call the IRS 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 correct information before reacting incorrectly. Remember, it’s not the fault of the lady on the other side of the phone that this is yours. So, be nice, play fair, and be honest.
Do you need some extra time to get your information in order? Do you need to dig out that box, organize it, and hope it’s all there? Then make sure to ask for a postponement of the audit. This audit advice is essential: don’t wait until the last minute to do it, either! Call them and ask for a slight delay so you can get things in order. Simple, done.
Lastly, it is essential to realize that most audits are needed for minor errors. You added or subtracted wrong. You entered the wrong information on the wrong line. That type of thing occurs every day. This audit advice is, to be honest about what is happening with you. So, you made a mistake. Fix it by providing an excellent attitude to the IRS auditor who sees you.