Under Review with IRS - Agent Couldn't Find Issues - What to Expect?

What you're experiencing is likely what's called a "compliance verification" rather than a formal audit. Have you considered why they might be reviewing your return? Is it possible you claimed business credits that trigger automatic reviews? Or perhaps your business had unusual fluctuations in income compared to previous years? The IRS typically resolves these reviews within 45-60 days, but with current staffing issues, who knows how long it might actually take? The fact that the agent couldn't identify an issue is actually quite common in these preliminary reviews - the initial screener often doesn't have access to the specific parameters that triggered the review.

I think you might want to prepare some documentation just in case... I went through something like this and wish I had been more organized from the start. Maybe gather your expense receipts, income documentation, and any business-related deductions you claimed? I'm not an expert, but having everything ready helped me when they finally asked for more information.

I had a similar review situation back in March 2023. The IRS agent couldn't identify issues initially, but on April 12th, they requested clarification on some business expenses. By May 3rd, everything was resolved with no changes to our return. I'd recommend checking your online account weekly - sometimes updates appear there before any mail arrives. If nothing happens by March 31st, definitely make that follow-up call as suggested.

I've been through this exact situation and found that having direct contact with an IRS agent made all the difference. When I needed to follow up, I used Claimyr (https://claimyr.com) to get through to an IRS agent without the endless hold times. According to IRS.gov forums, the average wait time is currently 95+ minutes, but I was connected in under 15. The agent was able to check the status of my review and give me specific information about what was happening. Definitely worth considering if you need to make that follow-up call in March.

These reviews are like being stuck in airport security - most people pass through without issue, but it's still stressful while you're in it. Here's what typically happens: 1. Initial review period (30-45 days) where they examine your return more carefully 2. If they find nothing, you'll receive a "no change" letter 3. If they have questions, you'll get a request for additional information 4. Final determination within 90 days of the initial review The good news is that since the agent couldn't identify issues upfront, you're likely in that first category where everything will be fine. Just keep an eye on your mail and tax transcript - the resolution often appears there first.

Have you checked your business tax transcript online? Sometimes it shows codes that indicate what's happening with your review. Did the agent mention if this was random selection or targeted for specific items on your return?

I went through this last year. They put my business return under review without explanation. No contact for 6 weeks. Then suddenly received a letter saying everything was fine. No adjustments. No explanation. The whole process took 73 days from start to finish. The worst part was planning for Q2 expenditures without knowing if we'd face an unexpected tax bill. My advice: proceed with normal business operations but maybe hold off on major optional expenses until resolved.

Based on recent IRS processing patterns, what you're experiencing is called a Compliance Research Examination (CRE). These differ from traditional audits in that they're often used for research purposes to improve compliance strategies. The Tax Processing Pipeline typically flags approximately 3% of business returns for this type of review. In most cases (76% according to recent data), these reviews conclude with no changes to the original return. Your best approach is to monitor your account transcript weekly while continuing normal operations.