I focus my practice on tax resolution, representing taxpayers in Colorado, Florida, Texas, New York, California and elsewhere. Preparing for an IRS audit can be a stressful experience, but it doesn’t have to be. Doing the necessary preparation prior to the audit can help things go smoothly. Here are a few steps you can take to help prepare for an IRS audit:

  1. Gather all required documents: It’s essential to make sure you have all the documents you need to provide to the auditor. This includes a copy of the previous year’s tax returns, 1099s and other financial documents. Make sure your documents are organized and readable. It’s also important to make copies of documents in case the auditor wants to keep anything for their files.
  2. Ask for help: If the IRS has selected your return for an audit, it’s a good idea to consult with a tax professional. They can review your documents, help craft responses to the IRS inquiries and provide answers to questions you may have.
  3. Prepare your story: It’s important to know why the audit was triggered and to be ready to tell the auditor your story. This includes having explanations for any questionable items on your return.
  4. Remain patient: Tax audits can be a long process but if you remain patient and respectful throughout the audit, everything should go smoothly.

Preparing for an IRS audit isn’t a fun task, but if approached the right way, you can make the process a lot less stressful. By following the steps above, you’ll be well prepared to tackle the audit and keep things low key.