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
| Task | Priority | Timeframe | Status |
|---|---|---|---|
| Respond to audit notice | Critical | Within 30 days | Required |
| Organize tax return documents | High | Week 1 | Essential |
| Gather income documentation (W-2s, 1099s) | Critical | Week 1-2 | Essential |
| Consider tax professional consultation | High | Week 1 | Recommended |
Potential Outcomes
| Scenario | Probability | Outcome | Action |
|---|---|---|---|
| No Change | Moderate | No adjustments, audit closed | Respond promptly with complete documentation |
| Minor Adjustment | Moderate | Small tax change, possible penalties | Accept or appeal if documentation supports position |
| Significant Adjustment | Low | Large tax change, penalties likely | Appeal if grounds exist, negotiate settlement |
| Full Disallowance | Low | Item fully denied, penalties and interest | Appeal 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