The IRS Audit Blog

Posts Tagged ‘social’

Mortgage fraud gets Orlando man 22 years in prison

Convicted once before in New York of mortgage fraud, Garry Martin moved to Orlando to bilk homeowners and banks out of more than $5 million in recent years, according to the U.S. Attorney’s Office. On Friday, U.S. District Judge Anne C. Conway sent Martin, 36, to federal prison until 2032 and ordered the real estate broker to pay more than $1 million to his victims, U.S. Attorney’s spokesman …

Income Tax Deadline Arrives Today

Question: What should I expect in a Texas Sales Tax Audit?

We are going thru a irs audit. The auditor contacted the state, and now they are auditing us too. I went to the first state audit meeting where I gave them our books. We owe. The person called us twice. I have not heard from him since. I’m afraid to call them to see what the hold up is. Its several months. The irs audit is not over yet. Would the state be waiting for the federal findings or what.

If you work for the State of Texas Comptrollers office, please reply.

Answer: I don’t work for the State of Texas but you should call them if you are worried.

Another approach is to forget it. Sometimes with staff turnover and the various audits going on, you could be forgotten. The statue of limitations may run and they will have to audit you in a latter year.

When you say that you owe, did you get a notice? If so you really need to follow up on it so you can resolve it and stop interest from running.

IRS places tax lien on Doc Anderson

The Internal Revenue Service took action against state Rep. Charles “Doc” Anderson, R-Waco, and his wife for failing to pay federal income taxes for 2003, 2006 and 2007.

Community TAx Center-Shadow Brook VITA