Anyone ever been audited by the IRS?

[Kevin_Dubro]

Anyone ever been audited by the IRS? If so what was that like? What were they curious about?

 

[swirling_vortex]

Never have been myself, but here are some stories: http://www.efile.com/painful-taxpayer-irs-audit-experiences-tax-stories/

http://www.dailyfinance.com/2012/02/28/tax-audit-horror-stories-irs/

 

[azxd]

Nope, but if that's where you're headed, hire an attorney NOW.

 

[oyarde]

No , My Father , my Gal , yes, my best Buddy growing up , numerous times . Usually numbers that do not match , or they think do not match.

 

[JebSanderson]

Never been audited by the IRS, but I was audited by Scientologists once.

 

[Kevin_Dubro]

I've never been audited and I don't expect to. I was curious if they impose on our rights at all, such as forcing you to declare how much gold you hold or anything like that.

 

[SisCyn]

I've been through an audit, years ago. Then was re-audited a couple of years later.

It is usually a small business that is showing too many expenses and not enough income.

You will need to prove that the income stated is accurate and that the expenses deducted are accurate.

So gather up all your receipts. I do not remember having to declare assets per se, but we were asked about our car payments and house payments, etc., and present birth certificates for the children, had to show utility bills, to determine if our income matched our lifestyle.

The lady said, this doesn't make sense, you can't live on what you say you make. I said we're not, we are 2 months behind on everything, which we were. .


In the end, we did have to pay in a couple of thousand on account of poor records. They took payments

 

[Kevin_Dubro]

In the end, we did have to pay in a couple of thousand on account of poor records.

How convenient. Sounds like of like getting pulled over by the cops in Mexico and having to pay them whatever you have on you in order to "get out of it".