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IRS Audit
An IRS audit is an impartial review of your tax return to determine its accuracy. It is not, however, an accusation of wrongdoing; however, it is important to know that you have to substantiate the entries on your tax return. The IRS does not have to disprove anything - the burden is on you to prove the entry. If you show a deduction and fail to provide evidence of it, it could be disproved. Nevertheless, the IRS will have the burden of proof if these taxpayers have credible evidence relating to most factual issues, have complied with all requirements, maintained required records, and have cooperated with all reasonable IRS requests for information. People more likely to get audited include: people in cash businesses, certain professionals such as doctors, lawyers, and accountants, and people taking unusually large deductions. The IRS is also likely to look hard at your charitable deductions. If you are audited, it is recommended that you seek professional help, in the form of an accountant or a tax attorney.