Criteria used by the IRS to choose candidates to audit are a secret held tighter than any at the CIA. A letter notifying you of a clerical mistake or calculation is not an audit notification. These communications are simply IRS clerical staff who, when processing returns, spot simple mistakes. When receiving one of these, quickly address the changes requested. Forward the amended return back to the IRS and go on with your life. A taxpayer will never know but this interchange may remove a taxpayer from the audit list.
Apr
19
Who Does Your Accountant Work For? Choose Tax Attorney for You
They work for you, taxpayer! But the minute your tax return is filed, they or their company becomes potential IRS enablers.This is all very transparent as they have signed agreements to gain license to practice accounting in the tax field. They agree to reveal each and every detail about you, taxpayer, if the IRS requests the information. Taxpayers do not enjoy any privilege of communication with their accounting practitioner. The accountant is not required to disclose obligations he has to the Internal Revenue Service.Your federal government is obsessed with consumer protection labeling. From soups to cigarettes they require disclosure about the risk of consuming these products. As with all things on the dark side of the federal government no disclosure is required for accountants registered with the IRS to practice. The accountants are forced to enter into these agreements or find another profession. Given the choice of whether their family eats or they hit the streets food always wins no matter how tainted.What does this information means you, Mr. Taxpayer? If you are in the 37% class of taxpayers who admit to cheating, understand revealing your act to your accountant is in essence telling the IRS of your discretion. The accountant is obligated to reveal that information to the IRS when asked! Agents who work for the service as auditors are brainwashed to believe all taxpayers are cheats. This revelation is revealed in the book Agents of Deceit. It was written by a former IRS agent. Information disclosed in its pages have not been challenged by the Treasury Department or the Internal Revenue Service.The primary lesson for a citizen taxpayer is to not cheat on taxes! A taxpayer can aggressively pursue tax avoidance using exceptions in the code. General Electric used exceptions to prepare their 24,000 page tax return and pay no taxes. They will also not be audited.Secondary lesson: if you do cheat or have cheated on your taxes, the last person in the world to disclose your tax sin to is your accountant. Only do this if you are in the confessional booth and wish to file a 1040 X amended return and pay for your prior revenue theft from the government. Filing a 1040 X and making retribution may be a great inoculation for avoiding audit sickness.Above all, beginning the journey to audits from hell the taxpayer must know everything about the members of his traveling squad. How many citizens understand their accountant is cheap Judas. Judas at least got pieces of silver for his betrayal!
Apr
11
IRS Invitation to the Dark Side!
In the next two years your mailbox may contain one of 10 million special invitations to experience the dark side of federal government. The invite comes in the form of a notice by the Internal Revenue Service to audit your tax returns. You will have the potential to dive into an economic black hole. 400,000 taxpayers will receive a bonus audit. Labeled by the speech police in Washington as a hard audit it is really an extended trip visiting up to six years of your personal and business tax returns.
Apr
09
Federal Government’s Gifts for Taxpayers!
The executive and congressional branches of the federal government working together are in the late stages of delivering themselves two large gifts. Middle-class Americans and so-called small businesses once more will be tapped to pay for their largess. The feds are already so deep into family and small business taxpayers that they can feel that hole in a citizen’s sock are now prepared to present to gifts for themselves.
Apr
04
A Is Not The IRS’s Scarlet letter!
The Scarlet Letter was a fictional work set in the 17th century, about Puritan Boston and its society. The scarlet letter was an A, identifying a person who had committed adultery. This century for the IRS the leading indicator of a potential taxpayer whose audit could yield more funds to be given to the federal coffer the scarlet letter is C.
Apr
01
Mar
25
Who Will Lead your Audit Team? (Part 2)
In part one of this series, we discovered as head of the family or family business you are not the right one to be team leader. The next candidate for the job is your accountant. Tax accountants or firms come in several different varieties. Generally they do an excellent job. The key decision you, taxpayer, must make is which of these types is best to assist you in your IRS audit challenge. There are 3 types of accountants you can use.
