There are few things Arizonans dread more than the news that they will be getting audited by the IRS. Even the most scrupulous of taxpayers can spend many sleepless nights wondering if they have categorized and documented their deductions and credits properly.
In this series of blogs, we will look at the ten basic steps you can take to minimize the chances of getting that scary audit letter in the mail.
#6: Don’t Over-share
You have an obligation to report your income and complete your taxes accurately and honestly. You have an opportunity to attach any explanatory or supporting documents to your return as well. But take care. The IRS usually only asks for an explanation or disclosure, requiring only that you be able to provide supporting documentation should you be audited.
Resist the urge to send in too much documentation, it only complicates your return and makes the postage more expensive. Of course, do keep the supporting documentation in a well organized tax file for the required time period so that you can easily produce it if necessary.
At The Pew Law Center, PLLC we understand that if you do run into tax problems with the IRS, it can be overwhelming. Whether you owe back taxes, haven’t filed taxes for several years, or have received an audit or wage garnishment notice from the IRS, the attorneys at The Pew Law Center, PLLC can help you or your business with these and any other federal and state tax problems.
We are a dedicated debt relief law firm. We help people from Phoenix, Mesa, Gilbert, Queen Creek, Chandler, Scottsdale, Apache Junction, Tempe and throughout Arizona work through tough tax problems or file for bankruptcy every day. We can help stop the debt cycle and give you relief from your overwhelming, burdensome, and crushing tax problems. Please don’t wait another moment. Call us right away – our attorneys will help get you the fresh start you deserve.