In all IRS office and field audits, unreported income is a primary issue. The IRS takes great effort and uses several techniques to find unreported income. Be prepared for an IRS and read my AICPA CPA Insider article to analyze whether the IRS will question whether your client has reported all of their income. Failing to do so can result in a very long audit with a very suspicious auditor. Be prepared with a proactive answer by simulating these 5 actions the IRS will take in an audit to see if there is unreported income.
