Posts Tagged "IRS Appeal"

Does the IRS Auditor Have the Final Say?

Posted by on Jul 19, 2011 in Federal Taxes | 0 comments

You received a notice that the IRS is auditing your tax return.  The audit is completed and the Examining Agent proposes a significant increase to your tax liability.  Is it time to open your checkbook and say goodbye to your nest egg?  Not necessarily. Once the audit is complete, the next step is usually for the IRS to issue a “30 day letter”.   This is a letter to inform you that the IRS is intending to assess additional taxes against you.  The letter explains that you have 30 days to file a protest to the IRS Appeals Office.  But is appealing the decision of the auditing agent really...

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