What does TurboTax Audit Defense do?

April 13, 2022 by Kate Ferreira, CTEC
Man handing a woman a letter

“Audit” – the dreaded word that can bring the mood down in any social setting and send a chill down the spine of most Americans. Most people fear receiving that infamous white envelope with the three letters stamped on the top left corner: IRS.

But you had a friend that went through an audit and while it was no walk in the park, they did mention that it was much easier than they ever expected it to be. This is because they had purchased TurboTax Audit Defense and never had to deal with the IRS directly on their own. Audit defense, huh? You might be curious what audit defense is, and more importantly, what it does.

First, let’s break down what exactly an IRS audit is. According to the IRS website, an IRS audit is “a review/examination of an organizations or individual’s accounts and financial information to ensure information is reported correctly according to the tax laws and to verify the reported amount of tax is correct.” However, an audit is not the only type of letter that the IRS sends. The IRS also sends out a myriad of other notices that are not considered to be formal audits. Examples of common notices the IRS sends that are not considered audits are mathematical or clerical correction notices as well as letters that assess certain penalties such as underpayment of estimated tax, late filing, or late payment. The IRS may also send a letter requesting additional information needed to complete the processing of the tax return.

Now that we’ve discussed notices and audits, you are probably wondering what you should do in the event you receive one! TaxAudit is the exclusive provider of TurboTax Audit Defense. If you purchased TurboTax Audit Defense and you receive a letter from the IRS or state tax agency, you simply contact TaxAudit to let us know that you’ve received IRS correspondence – and our experts will step in and get to work. It really is that easy!

TurboTax Audit Defense handles most communication with the IRS or state tax authority on your behalf – from the first notice to the resolution of your tax matter. Our tax professionals work with you and for you so you never have to face the IRS alone!

TaxAudit Audit Defense will:
 

  • Defend both state and federal income tax returns, including tax returns filed late
  • Professionally and promptly address tax notices that you receive and report to us
  • Provide an easy-to-use, secure portal for you to upload all documentation
  • Explain your options and develop a strategy
  • Review your documentation before presenting it to any taxing authority
  • Communicate with you in a timely manner via the telephone and our secure audit management platform so you know what is happening with your case
  • Defend your tax return through the entire audit process
  • Minimize your financial impact
  • Schedule and attend all audit appointments on your behalf

Not only will you have a team of tax professionals with over 1,700 years of combined experience and 41,800+ hours of tax training, you will be working with a team of dedicated professionals who care and want to make your life easier. For a more in-depth look at the excellent service we provide, click here to review testimonials from real members who we have helped with tax issues.

Finally, if you want more information, or are ready to take the plunge and purchase audit defense, click here to take the next step. An IRS audit is never fun but, with TurboTax Audit Defense, you won’t have to go through it alone!

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Kate Ferreira
Communications Associate

 

Kate Ferreira is a Communications Associate with TaxAudit. A California Tax Education Council (CTEC) registered tax professional, Kate has been with the organization since 2015. Kate enjoys the challenge of writing about complex issues – including taxes. Outside of work she enjoys traveling, listening to vinyl, and going on adventures with her dog, Indiana Bones.


 

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