Posts tagged as:

audit

Is SDP Getting Schooled by the IRS?

27 May 2011

It’s never a good thing to have a handful of auditors descend upon your business. It’s even worse when you planned to spend the day lobbying City Council to plug holes in your budget. That’s exactly what happened to the School District of Philadelphia. As noted previously, the embattled district is facing massive shortfalls in its [...]

0 comments Read the full article →

Ask the taxgirl: What To Do When You Get an Audit Notice

3 August 2010

Taxpayer asks: Dear taxgirl, I need some help. I am being audited by the IRS and I don’t know what to do. I am self-employed (web design) and I do not have many records to back up my tax returns. I didn’t lie on my taxes but I can’t prove it. I don’t know what [...]

11 comments Read the full article →

Ask the taxgirl: When Tax Preparers Go Bad

22 July 2010

Taxpayer asks: Hi tax girl! So I’ve heard a pretty believable rumor that the tax preparer I’ve used for four years has been federally indicted for tax fraud. I’m not sure if it was her own tax return or the people she worked with, though I do know of a few people who used her [...]

3 comments Read the full article →

Sunday Mailbag: The Really Hot Edition

2 May 2010

I am actually waiting for my coffee to cool down this morning. I can barely sip it – it’s so hot out. The temps are slated to creep back up to the 90s again today – the 90s. Remember, folks, I’m in Philly and it’s just the first couple of days of May. It’s not [...]

1 comment Read the full article →

Can a Tax Return be Audit-Proof?

29 April 2010

During tax season, I was interviewed by TalkZone Internet Radio about my audit article. Here’s the interview: Enjoy! (Quick word: I didn’t realize that the embed was an autoplay – my apologies to any of you who were startled by the audio first thing this morning in your inbox!)

1 comment Read the full article →

Bucks County Chiropractor Charged With Lying to the IRS, Arson

9 February 2010

The Philadelphia Inquirer is reporting that Jonathan P. Wiktorchik, a Bucks County chiropractor, has been charged with lying to the IRS and arson yesterday in a March 2008 fire. The fire destroyed his office and neighboring businesses. At the time of the fire, Wiktorchik implicated a gang. He said that he was attacked by Spanish-speaking [...]

2 comments Read the full article →

IRS Insists Mom is Too Poor to Support Kids

8 December 2009

In this economy, folks are very happy to pass judgment about the state of other people’s finances. It has, after all, been conflicting for many (myself included) to watch the government bail out people – and corporations – that have made poor decision after poor decision. As a result, folks are eager to point fingers, [...]

51 comments Read the full article →

7 Audit Lessons (or How I Learned to Stop Worrying and Love the IRS)

25 November 2009

Okay, maybe love is a bit much said. But the whole audit/examination process is over (at least for now, yes, yes, we know that 2008 is coming). It was oddly informative. While I’ve dealt with the IRS tons of times before, including related to audits, there’s still a different feeling on the other side of [...]

5 comments Read the full article →

On the Other Side of the Table

24 November 2009

Earlier this month, I posted on WalletPop that tax audits were on the rise. I know – not just because the IRS has admitted as much (they have) or because I’m seeing an increase in audits at my practice and with my colleagues (I am) – but because I’m finding myself on the other side [...]

6 comments Read the full article →

Being Right Isn’t the Same as Not Getting Audited

28 March 2008

Lots of people like being right. But in the tax world, just like in other situations, being right isn’t always enough. A good friend recently asked me to review his tax return before he submitted it to the IRS. I did and I noticed something that I didn’t love – a huge refund (and I [...]

4 comments Read the full article →