This Guide For Tax Audits was prepared by Tax Lawyer Venar Ayar. The Guide covers the many notices that the Internal Revenue Service sends to individual taxpayers regarding tax audits. This is an excellent guide for tax professionals and taxpayers alike and we thank Ayar Venar for compiling this information and reference guide for our readers.
Please be advised that all tax audits should be handled by an experienced tax professional. Please refer to the guide below:
IRS NOTICE NUMBER – TOPIC – NOTICE DESCRIPTION – VENAR AYAR’s ADVICE
CP11–Audits This notice states that your return has been changed because the IRS believes there was a miscalculation. This means you owe money on your taxes because of this. Double-check the numbers on your tax return to confirm that you actually did make a mistake. If there was no mistake on the original return, you need to respond to the notice with an explanation.
CP14- Balance Due The IRS has sent this notice because you owe money on unpaid taxes. This is the first letter sent in the collection process. It is the initial tax bill sent. The letter gives you an opportunity to pay the tax in full to prevent any collection actions. If you ignore the letter, the IRS will continue sending notices that get more and more threatening, and will eventually start taking collection actions.