Taxpayers in Florida are selected for a tax audit for many reasons, and often for no specific reason at all! Computers randomly pick individuals to audit while in other cases, an analysis of your tax return is what will lead to the audit. If you are selected, you will receive notification of the selection. At that time, you will need to provide records to verify the information included on your tax return; this can include ledgers, receipts, sales journals, tax exemption certificates, federal and state returns and much more.
You Do Have Rights
When it comes to having a Florida tax audit, keep in mind that you do have rights. For example, you can expect fair treatment and the right to gather information from the auditing authority. You can ask any questions you need to. The process should be swift and as simple as possible.
Making It Easier On You
When it comes time for an audit, keep the following tips in mind:
- Keep communication open. Know when your deadlines are and stick with them or communicate problems as soon as possible.
- Auditors will work with you to give you enough time to gather documents and information. Ask for it.
- You have the right and ability to know what is happening throughout the process. You can request advice during an audit.
If you are facing an audit, be sure to hire a tax professional to represent you. At the end of the audit, you will be able to review the finding and the proposed changes to any tax liability you have. You can file a dispute or appeal if you do not agree with the findings.
