Updated July 27, 2015
IRS Audit Adjustment Chicago Illinois
At the end of an Internal Revenue Service Audit, one would hope for what is called a “No Change” letter.
This basically means that they haven’t found any material changes which need to be made and that no additional tax is due.
If there are material changes which need to be made to the return, then The Service will send a letter detailing the adjustments along with a bill for the additional tax, interest, and penalty. If the changes are reasonable, then try to pay this as soon as you can. You won’t want to face additional interest on this already difficult to pay bill. If you cannot pay the bill all at once, there are payment plan options. Simply go to the Standard Accounting Packages section on this website. We will negotiate and file a payment plan for as little as $500. If an Offer and Compromise is necessary we can also help. Simply e-mail or call our offices today.
If you are having problems with your IRS Audit Adjustment Chicago Illinois or have issues with your accounting in general, we would love to help. I enjoy hearing from my readers, and can be contacted at
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Chris Amundson is the President of Accounting Solutions Ltd., a full service public accounting firm of Certified Public Accountants and Enrolled Agents handling the bookkeeping, accounting, tax preparation, and audit representation needs of Businesses, Estates, Trusts, and Upper Income Individuals.