Which of the following is a characteristic of the audit process?
A)Most taxpayer audits involve "special" agents.
B)Self-employed taxpayers are less likely to be selected for audit than employed taxpayers.
C)Less important issues are handled by means of a correspondence audit.
D)If a taxpayer disagrees with the IRS auditor's finding, the only resort is to the courts.
E)None of these.

Question

Quizplus · Accepted Answer

Correspondence audits are typically reserved for less significant issues, and involve the IRS sending a letter requesting additional information or clarification from the taxpayer. The other choices are incorrect.

Which of the Following Is a Characteristic of the Audit