The hope every Connecticut resident has when filing taxes is that they will not hear anything but good news from the Internal Revenue Service. However, months or even years down the line, there are an unfortunate few who receive letters stating they have been selected...
Tax Audits
Tax audits Q and A
Connecticut residents who receive word that they are being audited by the Internal Revenue Service may have a lot of questions and concerns. This is completely understandable, as it can be a frightening thing if one has never been through it before. This week's column...
Connecticut residents who do these things may face tax audits
Tax day has once again come and gone. Many Connecticut residents were able to get their returns and -- if applicable -- payments submitted on time. Then there are those who may have needed to file extensions so that they have more time to figure things out. No matter...
Those facing tax audits may want an attorney in their corner
Those who seek professional help during tax season may believe that their tax preparer is the only person they will need to turn to in the event of an audit. While it is the tax preparer's job to defend whatever he or she did, resulting in the audit, there may be...
Connecticut residents facing tax audits can seek help
Every year, you've completed your taxes to your best ability. You've either taken on the role of tax preparer yourself or you turned to a trusted individual to get everything filed for you. Your returns were accepted with no problem, and you paid or received a refund...
Those facing tax audits do not have to be scared
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...
Estate taxes and the law change
Connecticut residents may be left wondering what the new tax law will mean for them. In truth, it may help some but not others. It may be a good thing, or it may be a burden. Everyone's individual situation is different. One area that may be helped by it, though, is...
4 types of business records the IRS may request during an audit
As an entrepreneur or otherwise self-employed worker, you may have had to deal with many issues that individuals employed by others may not have had to handle. Many of these aspects may relate to financial areas of your job, as you have likely had to ensure that you...
Tax preparer on the hook for the results of tax audits?
Many Connecticut residents turn to tax preparers to help them with their tax filings. As complicated as the tax code is, this can be a smart move. However, what if you, as a professional tax preparer, make mistakes? You could be on the hook for the results of your...
Can nonprofit organizations avoid tax audits?
There are a number of nonprofit organizations that operate in Connecticut. In order to achieve nonprofit status, they had to set up their organizations properly and apply for the proper tax status. When it comes to taxes, nonprofits must be careful about how certain...