Understanding the different types of IRS audits can help you navigate them more confidently. A correspondence audit is handled via letters, often asking for documents or clarifications on deductions.

The IRS is sending out what it calls an "LT38 Notice" to let you know that during the pandemic some collection notices were suspended. This isn't a letter to inform you of an audit. Instead ...

“Many audits start with a simple notification letter ... Another example is a large transaction reported in a single year, perhaps from the sale of a home or business. The IRS typically ...

You may picture a tax audit like a scene in the movies: IRS agents in dark suits show up at your door and sift through boxes of papers. Instead, most tax audits are much less dramatic. They ...

Fearing an audit at tax time only adds to the stress. Look at how using tax preparation software can help you avoid the hassle of an audit.