Well. I got my IRS letter.

Sorry to hear that. At least you can sleep soundly at night knowing that money is going to government programs for people of color and Ukrainian weapons

cpa prepared..........so you are a small business operator with potential for undeclared real green back cash flow

There is something you aren't telling or I would be asking for my CPA's malpractice insurance rep's name.

No doubt, I will get my notice soon.....

They (democrats) weaponized the irs.

Do they ever do general audits or is it only where problems are identified and the return is flagged?

So from what your telling us, you don’t own a small business or rental property so you and possibly your wife are W2 employees.

If that is the case then either your tax preparer entered the wrong info on the return or your employer messed up the wage filing. If that is the case, the. It’s an east fix.

I suspect you do own a business and the IRS has more 1099 income reported to them than you reported on your return.

quote:

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Looks like I got audited.
Without going into detail, this one is going to suck. The amount they want is going to be pretty painful. Wife (no pics), 3 young kids and another one on the way, and we are very much the definition of a typical middle class family, struggling with inflation and cost of living.

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An audit is usually verification of income and/or deductions, it sounds like you got an "adjustment" if they just gave you a new amount you owe. An audit is more ... invasive.

I've had this happen twice, once I spent the time to dispute with full documentation, but the whole process took a lot of back and forth and work for $4k, so when it happened again for $1800 I just said frick it and wrote the check.

This will be happening to a lot of people this time because of all the "free" money they shot out from a cannon with covid and childcare credits.

You were targeted. I worked for a bank and processed 50 IRS summons from the same agent.

It profiled the same ethnicity each time. The individuals were all small business owners.

The bank gave me the discretionary right to bill for man hours for so many summons arriving all at once.

The agent threatened to have me audited. I was just out of school and told the agent to audit all my student debt. I had no real assets.

When he harassed me some more, I billed the IRS for 200 previous summons never billed or collected.

The agents supervisor called me and pulled the request for the original 50 and I pulled all billing requests.

As the then, custodian of records, I am bound by the implied secrecy agreement for all bank customers and can't disclose the specifics.

Be safe they are armed.