The IRS Audit Blog

Archive for the ‘Audit Reports’ Category

APNewsBreak: Audit finds confidential data on NJ state computers sent to auction

TRENTON, N.J. – Taxpayers’ Social Security numbers, confidential child abuse reports and personnel reviews of New Jersey workers nearly went to the highest bidder after the state sent surplus computers out for auction.

Personal Financial Planning Tips : How to Avoid an IRS Income Tax Audit

Fortis Earns $285 Million in 2010 Delivers Record Earnings for 11th Consecutive Year

ST. JOHN’S, NEWFOUNDLAND AND LABRADOR– – Fortis Inc. achieved net earnings attributable to common equity shareholders of $285 million, or $1.65 per common share, up $23 million from earnings of $262 million, or $1.54 per common share, in 2009.

1099 C Cancellation of Debt Video

Question: Do I have to do anything special to report tips to the IRS?

I work for Domino’s and was wondering if when tax season comes I have to fill out anything special in regards to tips. Domino’s reports all of my tips to the IRS and takes taxes directly out of my paycheck for tips. Will I have to pay additional taxes on my tipped earnings or has Domino’s taken care of everything for me? Obviously I have kept all of my driver’s slips for each delivery which include the amount of the delivery, tip received, and whether it was a credit card transaction in case I get audited, but is this all I have to do? Thanks.

Answer: If you reported all your tips to your employer, you don’t have to do anything. The tips will be included on your W-2.

Forensic Audit Report Released

Your taxes could have been affected due to poor record keeping in the Elmira city school district.

How to Avoid an IRS Tax Audit : How to Report Business Losses on Schedule C Tax Form

Question: Will getting grant money for school increase chance of IRS audit?

My father has paid for my college education until recently. I need a student loan but need to file a FAFSA first according to my school. However, my dad owns a business that reported an excessive amount of expenses. Not anything that will incriminate him seriously but it would be a real pain going through the audit process for him (English is not his native lang)

So does anyone know if the IRS has access to grant info and my applications to student loan companies, even independent ones like BoA? Im afraid they will look into things and want to audit.

Answer: No. The chances remain the same..

Hamburg Board Finalizes Security Systems, Discusses Reorganization

Hamburg School Board vice president Bryan Hollis, left, listens as Superintendent of Schools Max Dyson makes a point during the board’s regular meeting on Thursday night. Hollis presided in the absence of Dane Weindorf, the board president.

IRS Audit Report & Should You Sign or Appeal?

Question: i cheat on my 2008 tax return please help !!!!?

how can i beat the system please help!!! first i claim my 2 nephew but they stay in san berdino i did my taxes on jan 2009 and i was suppose to receive 4734 on feb 13 but i only got 1,144 i was like what going on i got a call by my tax payer she said i been audit and they need document proof that they live with me because i claim head of household so i send my first document in mid march i send proof rent receipts land lord letter that they stay with me and short record but they didnt like the shot record i call 1800 number they say they want proof if i was related and i did i send both of there birth certificate plus mine and my sister ID and her SSI because she was born in thailand that my second time send it and it was around mid april they got it until may 20 and didnt read it until mid july i gave a call today on jul 27 2009 they say is still no good enough how can i prove that my two nephew stay with me but not please help i dont want to owe back

Answer: I would ask my tax payer to work the issue, that’s what this person gets paid to do.

good luck

The decade in review

Whatever it’s called, the past decade has produced plenty of news, both locally and nationally. In Madison County, there were years of tax controversies. There were disputes over growth — then came a great economic crash. There were high-profile thefts.

Corner Gas – Tax Man – Part 1