Relief for the Common Audit
You received the dreaded envelope with that scary return address in the upper-right-hand corner—The Internal Revenue Service. First things first, don’t panic. Don’t hide your head in the mulch and don’t ignore the letter. There are many different levels to an audit, and some may be cleared up by simply mailing supporting documents to the IRS. Others, however, may be comprehensive and require relevant paperwork, pay stubs, income statements and supporting documents used to claim tax credits and deductions, if this is the case, get online and find your local Liberty Tax office.
Liberty Tax Service offers audit and correspondences assistance. While most audits are small inquiries that can be resolved quickly, taxpayers can avoid the additional scrutiny by visiting a Liberty Tax preparer during filing season to reduce mistakes on returns. Additionally, consumers should maintain organized records for at least three years in the event the IRS requests supplemental information.