Setting the Record Straight with the IRS: FixingTax Errors, Handling Disputes & Avoiding Audits

Posted by businessdotgov under Taxes
From http://community2.business.gov 5098 days ago

Getting your tax return right the first time is something all business owners and individuals strive to achieve. However, an incredibly complex and ever-changing tax system means we all make mistakes, even the IRS!

According to this MSN Money article – “Don’t panic if the IRS sends you a letter*” – the IRS sends more than one million letters to people each year simply because they forgot to sign their returns.

While it’s impossible to address the countless number of human and computer errors that can impact business taxes, this article sheds some light on how to correct common tax mistakes, while providing guidance for handling tax disputes and tips on preventing an IRS audit.