The IRS Audit Blog

Archive for January, 2007

Question: The IRS discontinued random audits in 1988.?

The IRS discontinued random audits in 1988. Instead the IRS conducts audits on returns deemed questionable by its Discriminate Function System (DFS) a complicated and highly secretive computerized analysis system. In an attempt to reduce the proportion of “no-change” audits (that is m audits that uncover that no additional taxes are due), The irs only audits returns the DFS scores as highly questionable. The proportional of no change audits has risen over the years and is currently 0.25 .Suppose that you select a random sample of 100 audits. What is the probability that the sample has

A – Between 24% and 26 % no change audits

b- between 20% and 30% no change audits

c- more that 95% no change audits

Answer: You are not serious right? Whatever you are studying, obviously you are not good at it. This question can’t get any easier. I’ll tell you it’s not c.

La Crescenta Federal Tax Return Help Requests On The Rise Reports 2020 Financial

La Crescenta, CA – La Crescenta federal tax return help ( http://www.2020taxhelp.com ) requests have taken a sharp spike this year as business clients and individuals worry over the multiple tax law changes reports 2020 Financials Services’ Enrolled Agent (EA) Greg Fey.

Question: what should i do if i fell for the IRS email scam?

i got an email . subject was Important Notice from refund@irs.org. it looked real and wasnt thinking at the time. it said i was eligible for $439.59 upon looking at my fiscal activity. i thought the irs scam warning was only for the stimulus payments and not the refunds. i was stupid and submitted my drivers license number,ssn,dob,name,address. i knew i did something wrong after i click submit.i called the irs and they told me to fill out a form at the ftc’s website. and i did. the credit card i put in for to put the payment onto was a prepaid debit card. it didnt have anything on it and nothing went on it unless i put the money on. is there any thing else i can do to make sure my ssn and stuff are not misused?
i wasnt going to use the prepaid debit card anyways so i dont think i should really contact the credit agencies. although. maybe if i get another card in the future would the scammers know? i already filed a complaint to the ftc and emailed the real irs the email i got

Answer: File a police report with your local police. Many larger police departments do have special teams that investigate identity theft.

Forward a copy of the e-mail to Phishing@IRS.gov

Contact the issuer of the debit card and cancel it. Do NOT put any more money on that card.

Contact all 3 of the major credit reporting agencies and put a fraud alert on your name & SSN. Ideally you don’t want ANY responses from the credit bureaus until you personally approve the release on a case by case basis. Monitor your credit report every 2 or 3 weeks to see if there are any unauthorized inquiries. If there are, notify the company that placed the inquiry that you are a victim of identity theft and did NOT apply for credit with them or authorized anyone to do so.

Notify the Social Security Administration — in person at your local office would be best — and ask them to notify you if they receive any income information from any source than your employer.

Contact the DMV and see if you can have your license replaced with a new one with a different number; some states will do that for you if you are a victim of identity theft.

Notify your bank and have them close all accounts and open new ones with new numbers.

Notify all credit card accounts and have them canceled and reissued with new numbers, security codes and PINs.

Act VERY quickly on this as the scammers WILL attempt to use your information to get credit in your name.

Edit: You absolutely MUST notify the credit reporting agencies!! The scammers will use the information you put on the site to open NEW credit accounts in YOUR name. Some may also put in address changes for any accounts that DO show up on your credit record so that everything will look like it’s coming from the same address and YOU will be none the wiser until a skip-tracer tracks you down trying to collect on the debts!

Dangers Of Online Tax Filing

Filing your taxes can be dangerous and costly, as scammers look to hack all your personal financial information.

Is Cash Gifting Legal? IRS says yes.

Tractor-Trailer Jackknifes on West Virginia Turnpike; Traffic Backed Up

Emergency crews were on the scene of a tractor-trailer accident Wednesday night on the West Virginia Turnpike.

State Capital Phoenix, Az Tea Party 4 15 09

Business briefs

Affiliated Media Inc., the holding company for the MediaNews Group family of newspapers including The Detroit News, said Friday it had reached an agreement with lenders for a financial restructuring. It will be implemented in the near future through a pre-packaged Chapter 11 bankruptcy filing.

IRS to fine employers who do not monitor employee cell phone use

Question: The irs made a mistake in my mailing address when they sent my simulus check?

when you call the hotline you talk to some idiot who can’t really tell you anything and your on hold for an hour just to talk to them anyone else have this problem?

Answer: IRS used the address from your 2007 tax return, how is it they made a mistake, need more information on how you think the address was IRS fault.

Did you have to file a return maybe from a prior year and use the old address?

And the “idiot” as you say has been on the phone since 7 am and usually dealing with very rude uneducated people that think that they are the only ones in the world. Use wrong address, send to correspondence or return to wrong address etc. This people have not filed tax returns in years and hear FREE money (Stimulus) and think they can file one year to receive the Free money only to find out they have to filed previous years, and then the “idiot” has to explain how they are not going to get refunds for tax returns from 2004 and prior.
So have a little sympathy for the “idiot” taking the call.

50 years ago this week

Have you ever wondered what life was like in Jacksonville half a century ago? It may have been a different era of history, culture and politics but there are often parallels between the kind of stories that made headlines then and today.

G Edward Griffin – Science and Politics of Cancer 2 of 9