I filed my taxes in such a hurry that I m fearful I might have made a mistake and get audited What happens if I get audited ...

Generally, audits only happen for the last three tax years. However, audits can go back as far as six years in special circumstances. Types of IRS audits The most common type of audit is a ...

Instead, most tax audits are much less dramatic ... you have a much better chance of getting caught up in this type of audit,” he says. In addition, the IRS may conduct an audit asking for ...

The auditors make any recommendations for improvements after the analysis. Many types of internal audits are used in various industries. A government agency or a company contracted to do work for ...

File photo of tax return forms underneath a calculator ... "The length varies depending on the type of audit; the complexity of the issues; the availability of information requested; the ...

Depending on the type of audit, the taxpayer or her representative will use different strategies to navigate it. The initial correspondence will often confirm which parts of your tax return are ...

One of the primary methods the IRS uses to select returns for audit is through random selection and peer comparison.

New guidance for nonprofits receiving federal grants is largely good news, but careful attention to reporting requirements are necessary ...

"The length varies depending on the type of audit; the complexity of the issues ... An audit may find there should be no change on your return, you owe taxes, or even sometimes that the IRS owes you a ...