The IRS Audit Blog

Posts Tagged ‘audits’

Question: Federal Refund Date Changed from 2/26 to 3/4?

I had to mail in the signature form after my return was accepted on 2/11. I mailed the form in on the 2/12 and the irs website said that I would recieve my refund by 2/26. I checked today and it changed the date of my expected refund date to 3/4. I had issues last year with my return and it started with changing the refund date, then I found out I was audited. I got last years refund 2 months later after the audit completed. I’m wondering if my requirement for a signature form this year would prompt a delay in refund or if I might be audited again? Our tax advocate last year said because we were audited last year, our chances of being audited are increased for the next 3 years? anyone have experience with this?
just got my DD details saying my refund is scheduled for direct deposit on 2/29. Just an update for anyone who has had their original date offset by a week like mine had.

Answer: They chanegd my refund date from 2/26 to 3/4 as well. I pray that it is not an audit, maybe it is exactly what the guy has stated, just taking a little longer than usual.

Arizona’s illegal immigrants can easily avoid E-Verify system

Experts say it’s not hard for illegal workers with quality fake ID to collect a paycheck.

Reducing your Chances of an IRS Audit from the Roni Deutch Law Firm

Question: Self employment tax question…?

I am confused. I have been reading off of the IRS site and their instructions for filing self employed and estimated taxes… But I still am not sure quite how to do it.

What forms do I need to fill out? How do I figure how much I need to pay, and how do I pay it?

I was kinda forced into opening up my own part time janitorial business. I am a sole proprietor and since Jan 1st I have been making $1495 a month, and I need to know how to do this stuff, but the IRS website isn’t giving me all the information I need, or at least it isn’t “dumbing it down” enough for me. =/

I only have 6 more days, help me!!

(btw, I live in Texas)

Answer: File a schedule C to report your earnings and expenses. The net amount will then be used to calculate the SE tax using form SE. That’s the general flow. If you have to do this quickly and you’re still confused, I would run out and buy the H&R Block home software. They will carry you through the process in an interview format and fill in the correct forms. Otherwise, refer to the IRS website for instructions. You will need to file a sch C, sch SE, and the numbers from both will go to your 1040.

BP oil spill: claims can’t make up losses for many Gulf residents

The oil spill has already cost BP almost $150 million in compensation, but replacing millions in undocumented income from the tourist-driven Gulf economy may prove impossible.

Texas Man Crashes Airplane Into IRS Building : Joe Stack Writes A Suicide Manifesto For Attack !!!

The Big Tax Increase Facing Small Business

Hedge fund taxes get all the attention. Congress is about to raise billions in taxes on some doctors, accountants and architects.

Boca Raton Tax Accountant, Business Tax Audit Boca, FL, 33431

Question: I have a W2 & W2C. How do you file both in TT? How can I confirm if both have been filed by employer at IRS?

My employer issued a W2 in January and then send me a W2C in March. Can I /should I enter both and submit an e-file via Turbo Tax when filing before the mid April deadline? How can I be sure that both numbers have been reported by my employer to the IRS to ensure that my return is not rejected or trigger an audit. My W2C earnings is much lower than that reported in the W2.

Answer: Only the corrected w-2! (W-2C)

http://www.irs.gov/instructions/iw2cw3c/ch01.html

good luck & bless

Which travel expenses are safe to deduct on your taxes?

As a small-business owner, knowing what business travel and entertainment expenses you can and can’t deduct is critical.

Related Information

Late last year, the IRS sent notices to approximately 2,000 taxpayers as part of its Employment Tax National Research Project. In February 2010, the IRS will begin examining employers specifically targeting employment taxes: FICA, Social Security, Medicare, and federal income tax withholding.

Employment Tax Audit & What to do?