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Does revocation of power of attorney flag an audit with IRS?
Submitted: 380 days and 4 hours ago.
Category: Tax
Value: $15
Status: AWAITING CUSTOMER ACTION
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380 days and 4 hours ago.
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Fort Worth, Texas
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Hello and thank you for using Just Answer. Revocation of a power of attorney will not flag an audit with the IRS. A computer program called the Discriminant Inventory Function System (DIF) assigns a numeric score to each individual return after they are processed. The higher the DIF score, the higher the potential that an exam will result in a change to income tax liability. DIF program identifies most of the returns examined for audit.
Expert:
Marvin,EA
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Answered:
11/8/2008
Enrolled Agent
10 years self employed , Income Tax Preparation & Representation
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