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Triggering a Tax Audit from the IRS

16 April 2018

Also, if you filed in January or early February and claimed the refundable Earned Income Tax Credit or the Additional Child Tax Credit, the IRS by law was not allowed to start sending that money out until February 15. If an affected taxpayer receives a late filing or late payment penalty notice from the IRS that has an original or extended filing, payment or deposit due date that falls within the postponement period, residents should call the IRS disaster hotline at 866-562-5227.

The deadline to file your 2017 income tax return is supposed to be April 15 but this year you have two extra days, as Tax Day lands on April 17. They said those instructions came from a co-owner of Fast Tax in Winston-Salem.

According to tax professionals, the IRS will never demand immediate payment or threaten to call police or immigration or ask for unusual payments, like gift cards or wire transfers.

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Tax Day is four days away. Specifically, if the IRS has found an error on your return or requests more information from you. If you're working in the gig economy or as a freelancer, you're allowed to take advantage of business expense deductions that you may not be eligible for as a W-2 employee, such as start-up costs, computers, vehicle expenses and so on, according to Greene-Lewis. As of April 6, just more than 103 million had been filed. Any tax liability is still due by the April 17 deadline.

An extension, however, serves to delay only any refund you have coming.

Tax experts say you should not avoid filing your taxes is because you don't have the money to pay. Keep good records and be sure to document all of your deductible expenses-you will be surprised at how much you can forget in a few months or a year. 4.

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Paying off debt is another priority when it comes to planned uses of tax refunds.

While many Americans enjoy getting a tax refund, others would rather have access to that money throughout the year.

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Triggering a Tax Audit from the IRS