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tax audits


harish .k (STUDING)     17 September 2010

harish .k
STUDING 
 28 likes  306 points

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Hi, to every one

I have a query regarding Tax Audits i,e How many Tax audits an Chartered Accountant can sign  in a year

 

Thanks Regards

Harish

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Aditya Maheshwari (CA in Practice)     17 September 2010

Aditya Maheshwari
CA in Practice 
 2576 likes  35776 points

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45 tax audits in a year.

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harish .k (STUDING)     17 September 2010

harish .k
STUDING 
 28 likes  306 points

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Thank you sir , For replying

dales (programmer)     18 September 2010

dales
programmer 
 22 points

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Can happen anytime. Ours happened 2 years after the year we filed. We found out when they sent a bill for $900.00 which included the additional tax due that they felt we owed and lots of interest and penalties for the 2 years that we didn't know that anything was wrong. You have to dispute it and prove your case or pay the money. It's not easy to prove your case with the IRS, we were however successful, but I have an business accounting background.

 

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Sumit Jain (CA)     18 September 2010

Sumit Jain
CA 
 133 likes  4760 points

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maximum 45


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