Has anyone here has been subjected to IRS audit and you didn't call to set an appointment?

Question

What happened then, if you decided not to call? menaing you just let it go

Answer 1

Don't mess with the IRS.

Many times, an audit is aimed at only 1 or 2 items. i once went with a client who gave an rather generous contrinution to his church, even with a limited income.
He explained, he tithes, ( gives 10% ot the church and had a letter from the church which verified it. )
The audit lasted less than 5 minutes.
Remember, a lit of audits are selected at random, provide documentation or an explnation, and you're outta there.

Answer 2

I can't imagine that anyone would be that dumb. If you fail to make the appointment, the IRS will just disallow whatever deductions, exemptions, or credits, etc., that lead to the query and send you a bill for any additional tax, plus any penalties and interest due. And if it's a Taxpayer Compliance Audit (the worst kind) they'll disallow EVERYTHING on your return and slam you with a bill that will make your heart stop.

Keep in mind that it's entirely possible to walk out of an audit with $$$ in your pocket! I did just that a number of years ago. It was only $75.00 but the auditor discovered a couple of expense items that I hadn't claimed and added them to the return which wound up LOWERING my tax.

Answer 3

Hello - its called tax evasion...

Plus you must remember you want the auditor on your side, not the IRS side... Be nice, offer them coffee etc... just because you are getting audited it is not the end of the world.

But pick up the phone & call them... All you are doing is acting like you have something to hide & they will end up digging deeper!!!! Trust me, auditors are a necessary evil - but they can be a nice evil or they can be a living hell!!!!

Answer 4

That is serious business--the IRS WILL come after you--you had better set an appointment ASAP (you may win--I did). The IRS can put you in jail, it has the power....