When a "prompt assessment" of the tax liability is requested, the taxpayer essentially is volunteering for an IRS audit of the tax return.

Question

Quizplus · Accepted Answer

When a taxpayer requests a prompt assessment of their tax liability, it means they are asking the IRS to quickly audit their tax return and determine their tax liability. They may do this to resolve any potential issues or discrepancies in their return. Therefore, by requesting a prompt assessment, the taxpayer is essentially volunteering for an IRS audit.

When a "Prompt Assessment" of the Tax Liability Is Requested