The IRS Audit Blog

Posts Tagged ‘audit’

Question: A couple of world history questions?

Please, only answer if you know.

1) Which of the following techniques wasn’t used by the Nixon administration against percieved enemies in the U.S.?
a- illegal wiretaps
b- arrest w/o cause
c- audits of tax returns
d- CIA investigations

2) This nations government received foreign aid from the Carter administration, but the Reagan administration aided those rebelling against it?

3) This nations affiliations with cuba led to a US invasion during the Reagan administration.

4) Nation torn apart by civil war between Muslims, Serbs, and Roman catholic croats.

5) This is the presidential practice of withholding funds for federal programs that was declared unconstitutional.
ANY ANSWERS HELP!!!

Answer: 1. b (this is just a guess)
2. nicaragua
3. nicaragua
4. bosnia
5. Sequestration (this is just a guess, it said on this one website- “the withholding or cancellation of funds”

AgFeed Industries, Inc. Announces 2010 Results

AgFeed Industries, Inc. , an international agribusiness company with operations in the U.S. and China and one of the large independent hog producers and manufacturers of animal nutrients in China announced record levels of revenue in both its animal nutrition and U.S. hog production units for the fourth quarter of 2010 and for the full year 2010.

Al Aiello Teaches Proper Ways Of Protecting Yourself From an Audit

Question: Can you sue your CPA or tax preparer if the IRS audits your tax returns and finds a mistake made by the CPA?

I was audited by the IRS for my 2004 federal income tax returns and they found an error, which then affected my 2005 federal returns. I am being charged interest for both years. I am appealing their decision but I would like for my CPA who prepared my returns to share in the mistake. Is it possible to sue your CPA for such mistakes and is it common to sue the tax preparer for mistakes on income taxes? It appears that the CPA was either not aware/familiar with a tax law or just made a mistake. Whatever the case, I was audited and I have to pay for this mistake because I signed the tax returns. Please help!

Answer: You can’t sue the CPA for the tax amount, you would have had to pay that amount anyways. As for the interest, you had use of the money for the time that you didn’t pay the tax on it, but you could ask the CPA to pay for the interest. If there is any penalty the CPA should definitely pay for that. Also, you might see if you can some of the tax prep fee you paid returned to you. You might also want to look for another tax preparer, one who is more up-to-date on tax law changes. If the CPA refuses to pay anything, then you could sue him, more than likely in small claims court, and also report him to your state’s CPA society.

A Small Group of Major Corporations Commit $500,000 to Help Churches in Nine U.S. Cities

National Church Purchasing Group, Inc, the Nation’s Largest Ministry Group Purchasing Organization Has Partnered With Ricoh Global and Several Other Major Corporations to Provide Major Funding to Help Churches Develop Their Ministry.

IRS Audit Help

California politicos to mull 2,323 bills

SACRAMENTO — Neighbors and law enforcement agencies would get advance notice when they are dealing with child molesters and sexually violent predators under two of the thousands of bills that will be considered this year by the California

Avoiding Common Sales and Use Tax Problems – Pt. 2

Question: Does the IRS verify documents that are sent for a correspondence audit, ie call landlord to verify lease?

My landlord and I had a falling out and, although I have a lease signed by him for the tax year I am being audited for, I am afraid that if the IRS calls to verify my lease with the landlord, he will deny my tenancy.

Answer: If the document was properly executed and legal, there’s little your landlord can do to deny its existence or its terms. At most he’d say that certain terms were varied orally, but he has to prove that.

LCCAA financial troubles lead to furloughs, transitional center closure

CLEARLAKE, Calif. – A local nonprofit organization’s mounting financial problems have led to the stoppage of important services that support some of the county’s most vulnerable citizens, a situation which local officials and other nonprofits are trying to address as quickly as possible.

The IRS Tax Video 2

Question: Has anyone notified the IRS when in a combat zone?

I posted this in the tax section and that was useless so i’ll try here:
I was on the IRS website and stumbled upon and Armed Forces link and it said you can email them your info and well then it went on to say”Working with the Department of Defense, the Internal Revenue Service identifies taxpayers who are serving in a combat zone so that we may suspend compliance actions, such as audits or enforced collections, until 180 days after the taxpayer has left the zone.” My husband is in Iraq now and owes a large amount from last year’s taxes so maybe this might give us more time to pay. Has anyone done this? What did it do for you?

Answer: just call them. My husband went to Korea and I got letters saying he needed to send in his tax returns or something from the year that he went to bootcamp ( i guess he didn’t do his taxes).. and I called him they gave him a 30 day extension because he was coming home soon. They might need you to fax something proving where he is.. in our case we didn’t have to fax anything.

Were controls put in place?

 MANILA, Philippines – Last week, my house guest was my wife’s nephew Carlo C. Muñoz, a young journalist based in Washington, DC. He writes two to three articles for the Internet daily news called Defense Daily, that publishes news, features, etc., carried in eight to 10 pages in print. His beat is The Pentagon where the military top brass are now discussing the budget of the US Armed Forces …

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