Tax Audit in Stamford, Connecticut

Find the right Tax Audit attorney in Stamford, CT

Tax Audit Lawyers in Stamford

A "tax audit" in Connecticut is the process by which the appropriate tax authorities (either the IRS, at the federal level, or its state equivalent) investigate a tax filing in more detail than they do for ordinary filings, normally because there appears to be a discrepancy, or some other suspicious item, in somebody's tax returns. However, the IRS (and state tax authorities) sometimes do rounds of unexpected audits, where they audit taxpayers at random, without necessarily suspecting them of any wrongdoing.

The actual process involved in a tax audit in Stamford, Connecticut is normally fairly straightforward. If you hare chosen for an audit, you will receive a letter in the mail telling you as much. Before responding, it's critical for you to make sure that the letter is authentic, because there are scammers who send fake audit letters to innocent victims, in an attempt to extort money out of them. You should search the Internet for the name of the organization that the letter claims to represent, and call them using the contact information on their website, and confirm that you are really being audited.

Once you have confirmed that your audit is authentic, you will be obligated to meet the auditor at an agreed-upon time and place. The auditor will normally inform you about what documents and other proof you need to take to the meeting. At the meeting, they will ask you a long series of questions about your taxes, to clear up the thing they're uncertain about.

Reasons For a Tax Audit in Stamford, Connecticut

There are various reasons why the federal government, or the government of Connecticut may want to audit a taxpayer.

As considered earlier, tax audits can be conducted at random. Evidently, the government doesn't have the resources to audit every taxpayer under their jurisdiction. But, by conducting a considerable number of random audits each year, taxpayers are, in theory, discouraged from cheating on their taxes, because they know that they might be audited randomly. If you are chosen for a random audit, and have done everything right, you almost definately have nothing to worry about.

But, some Stamford, Connecticut tax audits happen for a certain reason. This is normally because the IRS or your local tax authority suspects that you have not reported all of your income on your tax return. For instance, suppose that, last year, you bought an expensive new luxury car. But say you only claimed ,000 in total income that year. As you might imagine, the IRS is going to be extremely interested in finding out where the money for that car came from, and, if you have enough money to buy it, why you aren't paying taxes on that money.

Another frequent reason for tax audits in Stamford, Connecticut is when a taxpayer claims a large number of deductions. A deduction is just a legally-authorized subtraction from a person's taxable income. For example, charitable donations can be deducted from one's income in the full amount of the donation. Nonetheless, if a person claims a very large number of deductions, to the point that they claim little or no tax liability, the tax authorities are going to take a closer look.

How Can A Stamford, Connecticut Tax Lawyer Help?

If you end up being tax audited, and you believe that you have not engaged in any wrongdoing, it's likely that you've been chosen randomly for an audit in Stamford, Connecticut. If this is the case, you shouldn't be worried. If you are found to have made a mistake on a past tax return, and paid less than you owed, you'll likely just be made to pay the balance due, plus a minimal bit of interest, without incurring any additional penalties.

But, there are some tax audits that are far more difficult and serious than a tax return having a few more deductions than usual. If this is the situation you're in, you should contact a Stamford, Connecticut tax attorney as soon as possible, to help make sure that your tax audit goes smoothly.

Talk to a Tax Law Attorney now!

Life in Stamford

Stamford is located in the greater New York metropolitan region, is the fourth largest city in the state and the eighth largest city in New England. It has a population of about 122,643 people.

Popular attractions primarily comprise of parks and recreational sites. Some attractions include Cummings Park, Terry Connors Ice Rink, Scalzi Park, Mill River Park, and Cove Island Park. Other popular sites to visit include the Stamford Museum and Nature Center, Barlett Arboretum and Gardens, Stamford Center for the Arts and the Stamford Symphony Orchestra.

Stamford is a diverse area with all races, including Caucasian, African-American, Asian, and Hispanic. As a result, many residents are bilingual.

Many large companies have office locations in Stamford. These companies include World Wrestling Entertainment, Tasty Bite, Pitney Bowes, UBS and the Royal Bank of Scotland. Stamford is also home to many law firms and offices which train many competent attorneys to handle any and all legal inquires.

Clients Rate LegalMatch Attorneys
(click to read reviews)

Joel C.
Joel C.

Tax Law

Davidson, TN

Edwin L.
Edwin L.

Tax Law

Fayette, TN

Tax Defense N.
Tax Defense N.

Tax Law

Ohio, TN