Revenue Agent's Report

(redirected from Revenue Agent's Reports)

Revenue Agent's Report

An IRS agent's report following an audit. The RAR contains information such as adjustments to the taxpayer's income, but it states the bottom line as to whether the taxpayer overpaid, underpaid, or paid the correct amount. If the taxpayer overpaid, he/she receives a refund. If one underpaid, one must pay additional taxes, often with interest and penalties. See also: Form 4549.
References in classic literature ?
Do you not find," he said, "that with your short sight it is a little trying to do so much typewriting?
I then glanced at her face, and, observing the dint of a pince-nez at either side of her nose, I ventured a remark upon short sight and typewriting, which seemed to surprise her.
I advise you to see a doctor for your brains and your short sight.
asked Ardan, whose short sight was of little use to him in such circumstances.