What Happens If You Ignore An IRS Audit? You Could Get A Large Balance!
2 years ago
12
Ignoring an IRS audit basically results in the IRS proceeding on it without you most of the time. There are some audits that are accurate right away, but the majority of audits out there are missing expenses related to the reported income, which results in a larger balance.
If you already missed your tax court deadline, you still can try for an audit reconsideration, which we'll cover in another video.
The video below explains the tax relief process if you owe a debt:
https://www.youtube.com/watch?v=Wdd8y_eP1yY&t=7s
Check out our free tax relief help guide:
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