I got an audit notice - what should I do?

I got an audit notice - what should I do?

John Stoller, CPA (Certified Public Accountant) gives expert video advice on: How does the IRS decide who to audit?; How can I avoid an audit?; What is "tax fraud"? and more...

If you're a single person working on a job, you're not going to get an audit notice if you report all your income. If you have a substantial business involvement or entities that you're involved with, you're going to already be represented by an enrolled agent or a CPA. You should immediately forward the audit notice to them. Sign a power of attorney and let them take care of it for you. Don't call the IRS on your own - let your CPA take care of it.