My problem is I was in a very serious car accident in June of 2006 and lost all my records in my totalled out car when I was moving to North Carolina. My file cabinet with all my records and many other valuable personal belongings were also lost. What is the proper way to represent my situation at the audit? Also the examiner in NY requested a letter faxed to her and she said the exam would take place in Florida. Is there anything else I should do to prepare for this since all my records were lost. I have all the reports about the accident and my injuries and subsiquent disibility for 8 months. I just returned to work in march 2007. I am in sales so they are questioning my unreembursed expenses and cash contributions. Should I just make a deal with them and pay what they ask for? HELP!!!!!
2007-09-05 07:34:23 · 5 answers · asked by loverjoe59 1 in Politics & Government ➔ Law & Ethics
Depending on the situation, you may find it necessary to hire either a tax attorney, a CPA, or an enrolled agent to assist you with this.
The first question is did you do your own taxes? If not, then the tax professional who did your taxes may have some of the copies you need. Tax professionals are required to keep paper or electronic (and in some cases both) copies of your tax returns for at least 3 years from the date of preparation of the return.
If you did your own taxes, then you have more problems. Your first request would be to obtain a complete copy of the return that you submitted, so you can determine what you need to document, and how much. Then, you are going to have to reconstruct, from memory, those records, and then prove that. Hopefully, the payments for travel, meals, gas expenses, etc, were made by check or credit card. If they were, then those records should be available from your bank or credit card company.
Cash contributions, you may be in trouble on. If you can't provide documentation on the cash contributions, (i.e. receipts from the recipients), then the IRS may disallow them, and adjust your taxes accordingly.
It seem to me that you should probably do some homework, and then seek out a CPA, Tax Attorney, or Enrolled Agent, any of whom can assist you with problems in front of the IRS.
Look under tax professionals or tax preparation in your phone book. BTW: it doesn't matter where you live now.. the IRS Examination can be held there.
2007-09-05 10:39:33 · answer #1 · answered by Phil R 5 · 0⤊ 0⤋
You can get a copy of all records from the companies that issued them. It is time consuming, but worth it.
Hire an attorney. Some may work with you on payment. Also ask for an extension on time to get all your ducks in a row. Attorney's have to have so many hours of free work per year.
The IRS won't just make a deal with you. You have to protect yourself.
2007-09-05 07:47:02 · answer #2 · answered by txpyxie 4 · 0⤊ 0⤋
Get copies of your reports from Your car insurance,Dr.,also from the moving company that moved you saying a cabinet was lost.And call a lawyer!!
2007-09-05 07:41:18 · answer #3 · answered by ♥ Mel 7 · 0⤊ 0⤋
buddy, i've been dealing w/ the irs for 10 years i've moved 4 times and they find me every time!! deal w/ them now, and save yourself alot of penalties
2007-09-05 07:40:03 · answer #4 · answered by carolyn h 2 · 1⤊ 1⤋
Have you gone to the local IRS office??? I suggest you do so
and explain your circumstances.
work with them, they'll work with you. if you don't, it might be quite unpleasant.
2007-09-05 07:48:21 · answer #5 · answered by TedEx 7 · 0⤊ 0⤋