Tax Audit in Bedford, Texas

Find the right Tax Audit attorney in Bedford, TX

Tax Audit Lawyers in Bedford

An "audit" is an administrative proceeding in Bedford, Texas whereby the IRS, or a local tax-collection agency looks at a person's (or business's) tax filings in more detail than they do in ordinary cases. This is usually done when the tax return has a suspicious discrepancy on it, or if the taxpayer was simply picked at random. It's not uncommon for tax authorities to conduct random audits, providing people with an incentive to be honest on their taxes, knowing that they could be audited at random.

The process of a Bedford, Texas tax audit is usually pretty straightforward. If and when you are faced with a tax audit, you'll receive a letter from the IRS, or its state equivalent, telling you that you're being audited. However, you should not assume that this letter is authentic, because con artists will sometimes send fake audit letters to squeeze money out of innocent taxpayers. You should seek independent confirmation of the letter's authenticity by searching the Internet for the name of the government agency in question, and contact them for more information.

After confirming that the letter informing you of your audit is authentic, there are several things you can do to prepare for your meeting with the auditor. The first thing you need to do is call them and arrange to meet at a time that's mutually convenient. You should bring any documents and records that the auditor requests, as well as any evidence that you think might be helpful in answering the auditor's questions. The auditor will ask you any questions that he or she believes will clear up whatever issues they have with your return. You should answer all of these questions truthfully, as it is illegal to lie to a tax auditor.

Reasons For a Tax Audit in Bedford, Texas

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

As discussed earlier, an audit might occur due to a taxpayer being randomly selected. If this happens to you, and you have been honest on your tax returns, it's unlikely that you'll have much to worry about.

However if the IRS or other tax agency suspects actual wrongdoing by a Bedford, Texas taxpayer, that's a different matter. There are many different reasons why a government might decide to audit a taxpayer. The most common one is suspicion that they have underreported their income. If a taxpayer buys a large number of expensive luxury items, but reports little or no income on their tax returns, the government will definitely want to know where the money to buy all those things came from, and why it hasn't been declared as taxable income.

If you claim such a large number of deductions that your tax liability is unusually low, you may well be subject to an audit in Bedford, Texas. A deduction is an allowable reduction in your taxable income, requiring you to pay taxes on a smaller portion of your income. Certain business expenses and charitable donations are common sources of tax deductions. However, some people add invalid deductions to their tax returns to reduce their tax burden. If the IRS is suspicious about your deductions, you should make sure you have proper documentation to back them up.

How Can A Bedford, Texas Tax Lawyer Help?

If you find yourself being audited in Bedford, Texas, and are certain that you have done everything right in preparing your taxes, then the audit will probably be over quickly, with no penalties imposed. In cases like this, if anything is found to be wrong with your tax return, it is likely the result of an honest mistake, and the auditor will be aware of this, and will probably give you an opportunity to correct your mistake, without suffering any penalties, with the possible exception of being made to pay interest on any back taxes you owe.

However, if the situation is more perplexing, you may need to hire a Bedford, Texas tax attorney. A tax attorney can help you through your audit, and make sure it goes as smoothly as possible.

Talk to a Tax Law Attorney now!

Life in Bedford

Bedford is a suburb in Tarrant County, Texas. It is one of the cities between Dallas and Fort Worth. It is specifically recognized as a suburb of Fort Worth, with a population nearing 47,000 people.

Bedford is home to a diverse population. African Americans, Whites, Native Americans, Pacific Islanders, Asians, Hispanics and Latinos call Bedford home! Approximately 49.8% of the population comprises of married couples, while 29% of the households have children under the age of eighteen. The median income is around ,000 for a household. With this in mind, it is important that the attorneys in Bedford provide affordable legal serices. Bedford is home to many small law firms and law offices, as well as solo-practitioners. Regardless, Bedford's well-experienced attorneys focus on providing excellent and affordable legal services.

All in all, many overlook Bedford and focus on large cities such as Dallas, Houston and Austin. Although these cities are wonderful to visit, Bedford offers visitors small-town charm with a community-like feel. It is definitely a place to visit or reside in!

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