Academy/Tax Law Fundamentals/IRS Audits and Tax Disputes
Lesson 5 of 5

IRS Audits and Tax Disputes

IRS Audits and Tax Disputes

An IRS audit is an examination of your tax return to verify that income, deductions, and credits are reported accurately. While audits can be stressful, understanding the process helps taxpayers respond effectively.

Types of Audits

  • Correspondence audit — the most common; the IRS sends a letter requesting documentation for specific items (conducted entirely by mail)
  • Office audit — you are asked to bring records to a local IRS office for review
  • Field audit — an IRS agent visits your home, business, or accountant's office to examine records
  • What Triggers an Audit?

    Common triggers include:

  • High income — audit rates increase significantly at higher income levels
  • Discrepancies — information on your return does not match W-2s, 1099s, or other documents the IRS receives
  • Unusually large deductions — deductions that are disproportionate to reported income
  • Self-employment income — higher scrutiny due to the potential for underreporting
  • Random selection — the IRS selects some returns randomly
  • Related examinations — your return may be selected because a business partner or investor is being audited
  • Your Rights During an Audit

    The Taxpayer Bill of Rights guarantees:

  • The right to be informed about the process and your options
  • The right to quality service from the IRS
  • The right to pay no more than the correct amount of tax
  • The right to challenge the IRS's position and be heard
  • The right to appeal IRS decisions
  • The right to representation by an attorney, CPA, or enrolled agent
  • The right to privacy and confidentiality
  • Responding to an Audit

  • Stay organized — gather all relevant records and documentation
  • Be responsive — meet deadlines for submitting information
  • Be honest — never provide false or misleading information
  • Seek representation — consider hiring a tax professional, especially for complex audits
  • Know your limits — you only need to provide what is requested
  • Disputing IRS Decisions

    If you disagree with audit results:

    1. Informal conference with the auditor's supervisor

    2. IRS Appeals Office — an independent office within the IRS that resolves disputes; settles the majority of cases

    3. U.S. Tax Court — file a petition before paying the disputed tax

    4. Federal District Court or Court of Federal Claims — pay the tax first, then sue for a refund

    Statute of Limitations

    The IRS generally has three years from the filing date to audit a return. This extends to six years if income is underreported by more than 25%, and there is no limit for fraud or failure to file.

    Quiz: IRS Audits and Tax Disputes

    Question 1 of 3

    What is the most common type of IRS audit?