Audit — a word no tax payer wants to hear. Unfortunately, tax audits can happen to anyone, even if they have done nothing wrong. If you find yourself facing a tax audit this year, a Connecticut-based tax attorney may be able to help you get through it.
It may only be January, but many people are already getting a headstart on their taxes. This is a good thing. It gives them time to get them right and to plan ahead to make payments — if necessary. Getting a headstart will not always prevent a possible audit, though. At the end of the day, the Internal Revenue Service will pick and choose who they want to audit, whether there are glaring issues on a tax return or minor issues of no consequence, and they actually have three years — for personal taxes — to request an audit following a tax filing.
When being audited, you do have certain rights guaranteed to you. For example, you have the right to full disclosure. You get to know what the problem is and why they are questioning it. You also have the right to seek legal counsel. While all audits may not require legal expertise, it never hurts to have someone on your side, fighting to protect your interests.
If you end up being one of the many Connecticut residents picked for tax audits this year, you do not have to go through it all alone. You do not have to figure out how the system works all alone. You can turn to a skilled tax attorney who will be able to walk you through the process. To learn more about how a tax attorney can help you with your audit, please visit our firm’s website.