If not, the return is processed as filed and is referred to IRS compliance--which will result in a correspondence audit
The Foundation is certified by the California Franchise Tax Board and Secretary of State to be in good standing with those agencies, and recently emerged from a correspondence audit
by the California Attorney General that found no major violations.
I consolidate all former audits into the field audit category, and associate correspondence audits
under previous names with the correspondence audit
category for these years to keep the data nomenclature consistent.
I am convinced that the correspondence audit
will prove once and for all the absence of any impropriety whatsoever and the complete and utter integrity of the Farrah Fawcett Foundation.
If the IRS thinks you made a minor mistake, they'll send a paper or correspondence audit
Similarly, we do not believe the period of time to respond to a correspondence audit
should be generally extended.
Often in a correspondence audit
, taxpayer correspondence is not assigned to the auditor who reviewed earlier documents.
6 million Americans who were audited last year, 78 percent received a correspondence audit
, while only 22 percent were selected for an in-person examination.
Unlike a field examination, a correspondence audit
is not assigned to a specific examiner.
First, you may have received a simple correspondence audit
in which the IRS asks about a particular deduction or calculation on your return.
If an item questioned on a correspondence audit
is complex or requires an explanation in addition to documents, the taxpayer may, if he wishes, request an office interview.
While the IRS generally relies on correspondence, field, and office audits of taxpayers' returns, the correspondence audit
is the IRS's examination workhorse.