There may be a time when you are tempted to change a receipt or financial record in order to pay a lower tax amount. Before you give in to temptation, remember it is a criminal offense to falsify tax records.
Usually the Internal Revenue Service does not scrutinize your records or receipts as long as your tax return is in order and on time. However, if you are randomly selected to be audited, it is imperative your records are accurate and complete. Any discrepancies such as missing documents or altered receipts can raise suspicions and trigger deeper investigation by the Internal Revenue Service.
Be certain to explain immediately the truth of all your information before the audit is over. Once the audit is completed and discrepancies have been found, the Internal Revenue Service will become aggressive in assessing fines and penalties. Some cases may be determined to be fraudulent resulting in felony charges and jail time. Never lie to an Internal Revenue Service Officer. If they ask questions, answer them directly.
Internal Revenue Service agents are trained to be observant. If they believe you are lying, your tax resolution specialist will have more difficulty gaining their cooperation in resolving your tax problems. It is proactive to consult with a tax professional prior to answering any IRS questions. Being misinformed and giving incorrect information to the Internal Revenue Service may place you at risk for further investigation, greater tax expense and unnecessary stress and anxiety.
Most people want to skip or reduce their taxes because of financial difficulties. Very few resort to tax fraud or bribes. However, any type of dishonesty raises the same red flags. There is a way to obtain tax relief, legally and honestly. The sooner you face your tax problem, the easier it will be to obtain a favorable solution.
Trust your tax expert. Tax resolution specialists are experienced in Internal Revenue Service negations. They are knowledgeable of all tax relief programs currently available to the taxpayer. Do not count on the Internal Revenue Service to educate you how to reduce your tax burden. By relying on your tax resolution specialist, you can resolve your tax debt in a way that is reasonable and affordable for your budget.