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Tax Audit Preparation Calculator

Calculate preparation timeline and defense strategy for IRS audits.

Audit Context

Risk Assessment

Audit Type:correspondence
Focus:income
Prep Score:80%
LOW - Good documentation. Minor risk. Continue organizing records.

Preparation Tasks

TaskPriorityTimeframeStatus
Respond to audit noticeCriticalWithin 30 daysRequired
Organize tax return documentsHighWeek 1Essential
Gather income documentation (W-2s, 1099s)CriticalWeek 1-2Essential
Consider tax professional consultationHighWeek 1Recommended

Potential Outcomes

ScenarioProbabilityOutcomeAction
No ChangeModerateNo adjustments, audit closedRespond promptly with complete documentation
Minor AdjustmentModerateSmall tax change, possible penaltiesAccept or appeal if documentation supports position
Significant AdjustmentLowLarge tax change, penalties likelyAppeal if grounds exist, negotiate settlement
Full DisallowanceLowItem fully denied, penalties and interestAppeal to IRS Appeals Office

Recommendation

Good preparation. Documentation at 70%. Focus on documenting disputed items.

Audit Preparation Key Points

  • Respond to notice within 30 days
  • Organize all documentation
  • Keep copies of everything
  • Request extension if needed
  • Consider professional help
  • Prepare written explanations
  • Be professional and cooperative
  • Don't volunteer extra information
  • Document all IRS contacts
  • Appeal if you disagree
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