What should you do if your business receives an IRS audit letter? Keep calm and call your CPA.
Receiving an IRS audit letter or nuisance letter is actually more common than you might think. The IRS regularly notifies businesses upon discovery of mathematical errors, when they receive information that conflicts with a tax return or if they simply need additional documentation.
Watch Louise Anderson explain the different types of IRS notices and the steps your business needs to take after receiving an IRS notice.