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I thin your accountant has the right idea ... these things are your to deduct as well
If you simply stick t the truth? You'll be fine
Audit's come for the most UNPREDICtable reasons... honestly, if you amend and get out ahead of things ... in my experience, it's those that are PRO-active ... rather that reactive that win ... audits usually come when you do nothing
No -one knows the answer to that question ...RIGHT NOW the IRS has VERY little resources
BotXXXXX XXXXXne? amending and getting it right REDUCES the chances of an audit in my experience ... 28 years of experience
They LOVE to audit people when there's been very little activity (when people stick their head in the sand) ... AGAIN, getting to them first is ALWAYS the best strategy
Again, if you simply do the RIGHT THING ... report is AS IT REALLY is you'll be fine .... There's spmething called "innocent Spouse relief" for spouses of thoses that bfile and try to hide or conceal
See this: http://www.irs.gov/taxtopics/tc205.html
Topic 205 - Innocent Spouse Relief (Including Separation of Liability and Equitable Relief)
Many married taxpayers choose to file a joint tax return because of certain benefits this filing status allows. In filing jointly, both taxpayers are jointly and severally liable for the tax and any additions to tax, interest, or penalties that arise as a result of the joint return even if they later divorce. Joint and several liability means that each taxpayer is legally responsible for the entire liability. Thus, both spouses are generally held responsible for all the tax due even if one spouse earned all the income or claimed improper deductions or credits. This is also true even if a divorce decree states that a former spouse will be responsible for any amounts due on previously filed joint returns. In some cases, however, a spouse can get relief from joint and several liability.
There are three types of relief from joint and several liability for spouses who filed joint returns:
Again, innocent Spouse relief is what you need ot get you CPA to look at in a case like this:
Go here ... and read ... : http://www.irs.gov/Individuals/Innocent-Spouse-Questions-&-Answers
N, jail is only for those that do thing with INTENT
There's a BIG difference betwen tax mistake and tax EVASION
The the best thing you can fo irs report as things really are ... and f you can't afford to pay? ... ask for a payment schedule: http://www.irs.gov/Individuals/Payment-Plans,-Installment-Agreements
They WILL not go the criminal route if you cooperate
That's only for those that WILLFULLY, "with purpose, intent" try to evade
NO, it's the REPORTING that counts... (what you told them... what you reported) ... again they are very open to working with you IF you are OPEN to working with them
I would be very truthful on your return ... THEN ONLY say something when they ASK
IRS looks at things from a TAX YEAR perspective ... they are ony ninterested in each tax year ...AS IT COMES
IF you under reported for a YEAR .. it's THAT year that they will pursue
Yes... Do not raise ta flag UNTIL they say there is an issue
I agree that the totoal should equal to 100%
They typically look at the last three year ... there is a statute of limitationa (last three year, effectively)
Be prepared to to look at the last three years
Yes... thell the trusth ... see what happens
Have the discipline .... to wait
See this: http://taxes.about.com/od/backtaxes/qt/statute_limits.htm
People's income varies all the time ... jobs are lost ... jobs are obtained .. etc.
(especially in TODAY's economy)
ALL the time
that's what the 1040x (amended return is for)
reMOST people do it for a refund
because they missed somethng
sounds like, honestly, you're in good hands
THis is a very common occurrence
no no ... really JAIL WILL NOT happen.... a penaly, at worst, maybe ... tax issues are civil issue NOT crimina; issues
Just ... simply ... tell the truth
THat's the only thing that wll hold water ... over time
IF there is what's called an information request ... jst answer it ... truthfully
you're really over thinking and OVE WORRYING
THey're nt monsters
tell the trusth ... and have the confidence that comes with that
the vindictive one, typicaly lose ... they see the pattern
AND keepthat documentation ... so you can say you did .. if it ever comes up
Good .. the only court that matters when it comes to taxes it TAX COURT
adn that ONLY happens when you are disagreeing with hat IRS says
he's way out in left field here
ALWAYS stick with what you're entitled ... you don't want EVER to do anything other than what's accurate .. you'll always win that way
It's really hard to COMPLETELY understand here .. but .. if you are sure of what REALLY happened ... have the discipline to wait ... (and if the questions comes0 ... answer it .. truthfully ... with as much documentation as possible
THAT! /// is a position of power .... those who are guilty ... always ..."squeak."
yES.... JUST BEPREPARED to answer ... with confidence
.... It may never come
iF IT does? blast him!
THAT'S RIGHT .... MOST CERTAINLY ... jail time only comes foe those that have plotted... planned... evaded ... etc.
the words they use are ... WILLFULLY ... WITH PURPOSE that's not you ... that's almost no one
stick with the truth ... stick with only answering when you've been asked ... you'll be fine ... even if you know in the back of your mind .. it's only when you keep trying to HIDE that you'll have problem ... jst bhave th discipline to waut and then answer accordingly ... you'll be fine
Yes, . it's when you say OH NO not me ... vs yes that's correctt.. OR well, not exactly, but... that you will have a problem ... take it as it comes ... ALWAYS the best
ONE .... step ... at ... a ... tome
yes, I would agree ... again, being proactive ... (as opposed to RE active) is best
DO IT ... and then wait ... the response may never come
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You're very welcome
Let me know what happens .....
Yes, I think that's right
(I don't see t from your end)
Thanks you so much!
Again ... I'll be here
again, on THIS one, come back here if you have a follow-up question.