IRS problems can be stressful. You have to get all your records together and verify that the information submitted is, in fact, correct. The accounting team at Selph and Friday, CPA, assists clients in Texarkana, TX, with everything from delinquent returns to missing tax refunds. They share a few do's and don'ts for handling an audit.

Do:

Avoid scams.

Unfortunately, scammers may claim to be the IRS seeking an audit to get your information. The IRS will always send a letter, so if you receive a call, it’s likely not them. If you're unsure, an accountant can look into it for you. In any case, never provide personal information over the phone or via email. 

Get organized & gather your records.

You should keep all your tax records together each year, whether that's digitally or physical papers. If you're not sure where everything is, start by gathering documents, then sift through and organize each to find the necessary information. 

Don't:

Ignore it.

IRS problems don’t go away if you ignore them. It can be an overwhelming time but cooperating and getting documents together will make the process smoother. If you're unsure what to do, connect with an accountant who offers IRS representation to get you started. 

Give auditors more documentation than requested.

It can be tempting to send every piece of documentation from when you initially filed taxes to get the process over with. However, you should only offer what’s required to avoid giving them something else to look into. Submitting less also ensures the paperwork doesn't get mixed up.

Go through it alone.

While you may be confident that you filed everything properly, it's always smart to enlist a professional who has experience handling IRS problems. They will streamline the process and offer peace of mind that any issues will be resolved as quickly and accurately as possible. 

If you've been audited, speak with the experienced accountants at Selph and Friday, CPA. They have been successfully handling IRS problems for almost 30 years. The team can assist with everything from IRS representation to accounting and income tax preparation. To learn more about their quality services, visit them online. Call (903) 792-0281 today to schedule an appointment.