advertisement
Looking for something on the site? Search for it here! Also see Clark's Greatest Hits

May 18, 2006 -- Appeal your audit from IRS and you may win!

When the IRS says you owe additional money and need to pay up, most people roll over and play dead. It seems like the right thing to do, right? Well, yes. But did you know you can fight to lower what you owe. According to the GAO, people who appeal what they owe win 40 percent of the time. Those are good odds, but most people never follow through. This becomes more important when you learn that the number of people being audited is going up about 20 percent each year. If you have a “S corp” the odds are even greater that you’ll be audited. So, take a chance. Just make sure you keep good records and take those with you when defending your case.

Unfortunately, Clark won't be able to answer any questions submitted via commenting. If you have a question, please try posting it to our message boards.

Avg. rating: N/A

Add your comment

Security Image * Please enter the code shown at left
what's this?

What others are saying

There are no comments yet. Be the first to post one!

send to a friend  view as printer-friendly  RSS feeds
advertisement
advertisement
THIS WEEK'S POLL
advertisement