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Irs Audit: Records
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An Office Audit requires that you physically appear on a specific date and time at an IRS facility and bring your documentation. Bring only the documents asked for. Otherwise, you will leave yourself open to an examination of all your records, even if they are not in dispute. If you are unable to keep a scheduled audit appointment, phone and reschedule as soon as possible.
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While it's an unpleasant thought, the IRS is empowered to audit the affairs and records of nonprofit organizations, including amateur sports clubs. Although it's difficult for the IRS to establish a basis for auditing a church, there are no legal barriers preventing the IRS from auditing other nonprofit organizations.
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For those that are considering whether or not they are likely going to face an IRS audit, the best tools for you are the simplest. Be honest in what you are reporting. Be sure that you keep your records organized and be ready to show to the IRS that you have nothing to hide.
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