Episode 117: IRS Examination

Last year, the Taxpayer Advocate Service released the Taxpayer Roadmap.  I am doing a 6-part review of the various stages of the United States federal tax system as shown on the Taxpayer Roadmap.  To find out more about the roadmap, use this link:  https://taxpayeradvocate.irs.gov/roadmap   Part 3 of the 6-part series is a look at IRS Examination.  The department really digs into the differences between what the taxpayer submitted on the tax return and what the IRS believes should be on the tax return.  Is the taxpayer disputing what the IRS assessed?  Several examinations result through the assessment and screening process.  Overall, there are three types of exams that we all think of as audits:  correspondence (letters), office (taxpayer going into IRS office), or field exams (the IRS visits the taxpayer’s residence or business).