- Surviving an audit
An audit is an impartial review to determine the accuracy of your tax return--it is not an accusation of wrongdoing. Self-employed taxpayers and those who receive much of their income in tips are more likely to be audited, as are professionals such as doctors, who often run their own businesses. If you're to be audited, you have rights to an explanation of the process, to representation, to claim additional deductions, and to request an opinion from the IRS's national office. You can request a postponement if you need it, and you can disagree with the auditor's findings.
- Do I have to pay U.S. taxes when I work abroad?
- How did the Jobs and Growth Tax Relief Reconciliation Act of 2003 change capital gains tax rates?
- How long should I keep copies of my tax returns?
- I don't have the cash to pay my taxes. What can I do?
- What is the alternative minimum tax?
- What is the kiddie tax?