The IRS Audit Process is managed either by mail or through an in-person interview to review your records. The interview may be at an IRS office
tangible personal property
“Tangible personal property” exists physically (i.e., you can touch it) and can be used or consumed. Clothing, vehicles, jewelry, and business equipment are examples of tangible personal property. … Paper assets that represent value, such as stock certificates, bonds, and franchises, are not tangible property.