Audit Envelope Are You Prepared on white paper an yellow envelope holding by human handsWhen a tax return has been selected for office examination, generally the examination of the return will be conducted at the office of the IRS.  Normally a taxpayer will find an office examination has begun when he or she has received a letter or telephone call from the IRS informing him of such examination and that the IRS wants further records and information. Returns selected for office examination present issues which require some analysis and judgment in addition to verification of records.
Continue Reading A Guide to Office Audits with the IRS

News came out last week that chiropractor Stephen Jacobs of Lowell, MA is in hot water with the feds.  Dr. Jacobs allegedly paid an IRS auditor $5,000 in cash to ignore two deductions he improperly took on this 2011 income tax form.

These deductions, allegedly, were in fact payments Jacobs made to two different women