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I'm Being Audited. Now What?

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No one wants to be audited by the Internal Revenue Service. But in case you are, accountant Mark Kohler has four tips to help you save time and money:

1. Have a positive attitude.
2. Stay in touch with the IRS. Do not ignore their correspondence.
3. Follow through on promises made to the IRS.
4. Work with a tax professional who has experience working with the IRS.
 

Mark J. Kohler, a certified public accountant in Irvine, Calif., is a partner in the accounting firm Kohler & Eyre, and the law firm Kyler, Kohler, Ostermiller, & Sorensen LLP, specializing in business, estate and tax. He is the author of What Your CPA Isn't Telling You from Entrepreneur Press.

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