Elaine's Embroidery Emporium which is run out of Elaine's home is visited by an IRS agent who wants to verify the office expenses Elaine claims are valid.What type of IRS audit is this?

Question

Quizplus · Accepted Answer

A field audit involves an IRS agent visiting the taxpayer's place of business (or home, if the business is run from there) to verify the accuracy of the tax return, including claimed expenses.

Elaine's Embroidery Emporium Which Is Run Out of Elaine's Home