Do these things to avoid a tax audit

When you file your tax return, you hope you never have to deal with it again. Instead, you either pay a few dollars or receive a refund. From there, it's time to move on to the next year.

Unfortunately, things don't always work out this way. It's possible you could receive the dreaded tax audit notice by mail. While there's no guaranteed way to prevent an audit, there are some things you can do to help:

  • Double check your figures: Any inaccurate or unrealistic figures are sure to stand out. Double check everything for accuracy.
  • It pays to be honest: Sure, you think you can stretch the truth just a bit, but it's never a good idea to do so. When you're 100 percent honest, you never have anything to worry about. Even if you are subjected to an audit, you can work through the process with nothing to hide.
  • Watch your deductions: Everyone is looking to use as many deductions as possible as a means of saving money. It's okay to do so, as long as you're realistic and honest. Don't stretch the truth just to qualify for a deduction. It could come back to harm you.
  • Rely on e-filing: The Internal Revenue Service strongly agrees that filing an electronic return greatly reduces the odds of a mistake, thus doing the same with an audit.

Even if you do all these things, you could still be subject to a tax audit. If this happens to you, learn more about tax laws and your legal rights. The information you collect will help you formulate a plan of action.

No Comments

Leave a comment
Comment Information
Get my free consultation

How can we help?

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

The Hurley Law Firm

Starr Law Firm, P.C.
3108 Midway Road
Suite 101
Plano, TX 75093

Phone: 469-331-6388
Fax: 972-767-4932
Map & Directions
Plano Law Office Map