Contact Us (773) 267-7500
Accounting Articles > General Accounting:
Auditing and amending your tax return
Once the audit of your tax return has been completed, you will receive a list of changes from the Internal Revenue Service or the Illinois Department of Revenue Auditor. The letter will also say whether the auditor would like your return to be amended or not. Most instances do not require a full amendment.
But if there are substantial changes to a balance sheet, many times an amendment is warranted. In order to stay in compliance, you must either accept the changes and follow the directions of the auditor, or take the examination into the reconsideration or appeals process.
Unsatisfied with your current accountant? We can get you back on track.
Call us for a free consultation: (773) 267-7500