Revenue agent
Term · Law · MLC-T-LAW-004307
An IRS employee who conducts field audits of the returns and books of businesses and higher-income individuals. The agent interviews taxpayers, examines records, and writes a report proposing adjustments, which the taxpayer may accept or contest through IRS Appeals or the U.S. Tax Court. Agents propose changes rather than assess tax, since assessment follows agreement or a final determination of the liability.
| Identifier | MLC-T-LAW-004307 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-004307",
"term": "Revenue agent",
"field": "Law",
"definition": "An IRS employee who conducts field audits of the returns and books of businesses and higher-income individuals. The agent interviews taxpayers, examines records, and writes a report proposing adjustments, which the taxpayer may accept or contest through IRS Appeals or the U.S. Tax Court. Agents propose changes rather than assess tax, since assessment follows agreement or a final determination of the liability.",
"url": "https://mlchart.com/terminology/law/revenue-agent/"
}
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