Tag Archive for advice

Help! They are Going to Audit Me!

Income Tax AuditsEvery taxpayer’s worse nightmare.  On the other hand, it is the price we pay for having a kind of  “honor” or “voluntary” or system.  I don’t mean at all to suggest that the government has no right to collect taxes or that you are not (generally) obligated to file — (I am not a Minuteman).  But there are certain Western countries where the government essentially computes your taxes  “for you” — it’s not up to you/your accountant to decide which deductions to take or whether a certain position is “risky”. Read more