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Thursday, April 30, 2015

Beware the I.R.S.’s Speeded-­Up Audit (@taxmandavid @AuditDefense @nytimes)

While budget cuts at the IRS at first may have seemed like good news for those worried about getting audited, reality is painting a different picture:

Full article at The New York Times

"In other words, I could return home from a vacation or a stay in the
hospital to find not only that I am being audited, but that my audit has already
been closed and sent to the notice of deficiency unit. At this point I will have
two choices: I can either pay the bill or file a petition with the tax court. And
while I am not likely to know what losing my appeals rights means, I will soon
find out that it is too late to hire an enrolled agent or accountant to help
defend me against the I.R.S"

Image result for IRS audit

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