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today weamp;#39;re going to be discussing and explaining the revenue agent report a revenue agent report produced by irs is usually done at the end of an irs audit an income tax audit what will happen is youamp;#39;ll start with the initial letter that irs provides to you about the questions and issues that theyamp;#39;re exploring youamp;#39;ll go through the audit at the very end of the audit after all the data has been collected and the findings have been made iris will produce a revenue agent report and the revenue agent report is broken out into three sections the first section at the top on page one are the adjustments to income now the adjustments are going to be typically starting with income whether increase has income has increased or decreased which it could go both ways typically the irs will increase the income if they find additional income that was not reported on your tax return then youamp;#39;ll have the expenses and the expenses on your return basically are a ne