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(Marketwatch)   Did you get the dreaded IRS audit letter? Here's how to possibly survive   (marketwatch.com) divider line 10
    More: Interesting, IRS, cash advances, corporate tax, IRS audits, wear and tear  
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598 clicks; posted to FarkUs » on 11 Jan 2013 at 9:24 AM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2013-01-11 07:36:49 AM
Strangely absent. "Don't lie on your taxes"
 
2013-01-11 08:06:46 AM
I plan to ask Wesley Snipes for advice.
 
2013-01-11 08:53:16 AM
They won't even accept returns yet and they're sending audit letters?
 
2013-01-11 09:21:29 AM
Done in one.
 
2013-01-11 11:02:43 AM

bmongar: Strangely absent. "Don't lie on your taxes"


Truth is an elusive thing. The line between fact and fiction can be drawn in many places. YOUR tax return is YOUR opportunity to present YOUR view of reality to the IRS. They may not agree with it. They may see things a different way. But until they start filling out the forms for you, you get to draw the first line.
 
2013-01-11 11:19:01 AM
Rule #1 Don't volunteer any information on your own, wait until they ask the question.
 
2013-01-11 11:21:22 AM
From what I went through, and some of my friends, it's not that big of a deal if you're not outright skimming money and hiding it.

The IRS seems pretty cool with what some people call "tax aviosion", versus tax evasion. And by cool, I mean if they disagree with some of your tax-avoiding notes and deductions, they only want the past taxes with interest. They won't send you to jail.

Hiding money like the mafia is a different story, but we never went that far.
 
2013-01-11 12:07:07 PM

Smashed Hat: I plan to ask Wesley Snipes for advice.


i36.photobucket.com

He'll come to your audit on his velocipede.
 
2013-01-12 02:42:58 PM
Step 1: Do not represent yourself. You will make simple mistakes that a licensed professional will not.
Step 2: Do EVERYTHING that professional tells you.
Step 3: Profit
 
2013-01-13 12:53:43 AM

rumpelstiltskin: Truth is an elusive thing.


Not really, unless you're dishonest.
 
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