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Simple English definitions for legal terms

revenue agent's report

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A quick definition of revenue agent's report:

A revenue agent's report is a document that shows changes made to a tax return after an IRS audit. It is sent to the taxpayer along with a thirty-day letter. The report is abbreviated as RAR and is used to inform the taxpayer of any adjustments made to their tax return.

A more thorough explanation:

A revenue agent's report is a document that shows any changes made to a tax return after an audit by the Internal Revenue Service (IRS). The report is sent to the taxpayer along with a thirty-day letter, which gives them thirty days to respond to the changes.

For example, if a taxpayer claimed a deduction for a business expense that was not actually related to their business, the revenue agent's report would show that the deduction was disallowed and the taxpayer would owe more taxes.

Another example would be if a taxpayer failed to report all of their income on their tax return. The revenue agent's report would show the additional income and the resulting increase in taxes owed.

The purpose of the revenue agent's report is to inform the taxpayer of any adjustments made to their tax return and give them an opportunity to respond before the changes become final.

revenue | Revenue Procedure

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wait what gc
goooooooood morning vietnam
shaquilleoatmeal
11:40
i said at the end of the cycle, whats the rush baby
11:40
i want in >:(
shaquilleoatmeal
11:40
morning dino
Trismegistus
11:41
DOES MY WE EVEN MATTERRRR
lilypadfrog
11:41
@Trismegistus: u always crashing out. when I get annoyed I just bully Shaq you should try that
idk im having a good cycle
shaquilleoatmeal
11:42
lmfao, seems to work, u should try it @tris
11:42
bullying is the finest form of flirting there is
cumsock
11:43
damn most recent spivey blog hurting my soul
cumsock
11:43
ig this cycle really is tough
shaquilleoatmeal
11:43
@lilypadfrog: u know what they say about woman who are mean to men right 😉😚
shaquilleoatmeal
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legal said it, i didnt lmao
Trismegistus
11:43
@lilypadfrog: the anxiety of not having a single decision is really getting to me
Trismegistus
11:43
im starting to tweak
Trismegistus
11:44
i can't bully shaq, fellow boston resident
TreponemaPallidum
11:44
Penne Penne Penn?
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omg penn
shaquilleoatmeal
11:44
@Trismegistus: real one
Trismegistus
11:44
thats only one person tho
11:45
MASSIVE penn wave
Trismegistus
11:45
does penn call or portal?
lilypadfrog
11:46
@Trismegistus: twin when did you apply? I applied in mid nov
cumsock
11:47
35% spike in applicants this cycle what the fuckkkkk
11:47
i applied 5 days ago, should i be worried i missed this wave
Trismegistus
11:47
all my apps are oct- to mid nov, except nyu which was dec
Trismegistus
11:47
penn was oct
PuppyBot
11:47
why does everyone want to be a lawyer
PuppyBot
11:47
jacking my style all of a sudden
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