Tag Archive for Internal Revenue Service

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