You do everything you can to make sure your tax filing is on the up and up. You take your time, make sure everything you submit is correct — at least to the best of your knowledge. You may even hire someone to help you. Despite your best efforts, you received a letter from the Internal Revenue Service or the state, saying you are being audited. Before you start to panic, remember that tax audits are not something Connecticut residents have to face alone.
Receiving notice of tax audit may seem like the end of the world. It can leave you worried that you may end up owing a fortune in overdue taxes, penalties and fees. Not all audits end that way, however. You may walk away not owing anything. Every case is different.
Tax audits are often conducted via mail. The IRS and the Department of Revenue will not inform you of an audit by phone. After notice of a tax review is received, it is possible to request it be done in person, if that is something in which you are interested. No matter which way you go about it, legal counsel can help you every step of the way.
Tax audits are stressful. An experienced tax attorney will know what questions to ask, what forms need to be filed, how to appeal and, if necessary, what payment or relief options to seek if an audit does not end up going your way. To learn more about how legal counsel can help you through your Connecticut or federal tax audit, please take a moment and visit our firm’s website.