
Review of Unreported Income (Upcoming Audit)
To protect yourself from future audits and ensure ongoing compliance, we recommend enrolling in our Tax Monitoring Program. This proactive service helps detect discrepancies early, keeps your filings accurate, and provides peace of mind year-round. If you’ve received notice of an upcoming IRS review or simply want to stay ahead of potential issues, contact our firm today. Our experienced tax professionals are here to help you respond effectively and safeguard your financial future.
To learn more about the monitoring program and enroll, contact us below!
What is Review of Unreported Income (Upcoming Audit)
An IRS Review of Unreported Income (Upcoming Audit) typically means that the IRS has identified potential discrepancies in your reported income and is planning to review your tax return more closely. This could be due to income sources that were not reported on your return but were reported to the IRS by third parties, such as employers, banks, or investment firms.
Some sources of unreported outcome may come from:
Employers (via W-2 forms)
Banks (via 1099-INT forms for interest)
Investment firms (via 1099-DIV or 1099-B forms for dividends or other earnings)
Other third parties (ex. Clients or contractors if you are self-employed)