Grasping the IRS Audit Reevaluation Process In 2024
What is an Audit Reconsideration?
An audit reconsideration is a procedure that allows taxpayers to request a reevaluation of the results of a prior audit where additional tax was assessed and remains unpaid. This process can be initiated if you disagree with the audit results or if you have new information that was not considered during the original audit.
When to Request a Reevaluation
- You have new information that was not considered during the original audit.
- You did not appear for the audit due to various reasons.
- You moved and did not receive the audit notice.
- You disagree with the tax assessment made by the IRS.
Steps to Request an Audit Reevaluation
To request a reconsideration, follow these steps:
- Gather Documentation: Collect all relevant documents that support your position. This may include receipts, bank statements, and any other evidence that was not previously considered.
- Submit Your Request: Write a letter to the IRS explaining why you disagree with the audit results and include the new documentation. Make sure to include your contact information and any relevant tax identification numbers.
- Mail Your Request: Send your request and documentation to the IRS office that conducted the original audit. It is advisable to use certified mail to ensure your request is received.
Sample Letter for Audit Reconsideration
[Your Name]
[Your Address]
[City, State, ZIP Code]
[Date]
[IRS Office Address]
Re: Audit Reconsideration Request for [Your Name], [Tax Year]
Dear Sir/Madam,
I am writing to request a reconsideration of the audit results for the tax year [Year]. I disagree with the audit findings for the following reasons:
- [Reason 1: Explain why you disagree with the audit results]
- [Reason 2: Provide any new information or documentation that supports your position]
Enclosed are copies of the relevant documents that support my request. Please review this information and reconsider the audit results.
Thank you for your attention to this matter. I look forward to your response.
Sincerely,
[Your Name]
[Your Contact Information]
Important Considerations
- Reconsideration is not available during an ongoing audit.
- Ensure all documentation is complete and accurate to avoid delays.
- If the IRS denies your request, you can appeal the decision within 30 days.
Expert Tips for a Successful Reconsideration
Tip 1: Be Thorough and Organized
Ensure that all your documentation is well-organized and clearly labeled. This will make it easier for the IRS to review your case and increases the likelihood of a favorable outcome.
Tip 2: Seek Professional Help
Consider hiring a tax professional or an attorney who specializes in IRS audits. Their expertise can be invaluable in navigating the reconsideration process and presenting your case effectively.
Tip 3: Follow Up
After submitting your request, follow up with the IRS to ensure they have received your documentation and to check on the status of your reconsideration.
Data and Statistics on IRS Audits
| Year | Total Audits Conducted | Audits Resulting in Additional Tax | Average Additional Tax Assessed |
|---|---|---|---|
| 2020 | 509,917 | 373,946 | $9,614 |
| 2021 | 659,003 | 482,112 | $10,345 |
| 2022 | 743,885 | 541,223 | $11,278 |
Frequently Asked Questions (FAQs)
The time frame for an audit reconsideration can vary, but it typically takes several months for the IRS to review and respond to your request. It is important to follow up regularly to check on the status of your reconsideration.
Yes, you can request an audit reconsideration even if you have already paid the additional tax. If the IRS agrees with your reconsideration, you may be eligible for a refund of the overpaid amount.
If your audit reconsideration request is denied, you have the option to appeal the decision within 30 days. It is advisable to seek professional help to navigate the appeals process effectively.
Conclusion
Requesting a reevaluation of your audit can be a valuable option if you believe the original audit results were incorrect or if you have new information to present. By following the proper steps, providing thorough documentation, and seeking professional help if needed, you can increase your chances of a successful reconsideration.
