Tax Audit in Danville, Virginia

Find the right Tax Audit attorney in Danville, VA

Tax Audit Lawyers in Danville

A "tax audit" is a procedure in Danville, Virginia where a taxpayer's tax return is investigated in detail, to ensure that everything on it is accurate. There are many different reasons why you might be audited, but it's usually because there is something suspicious about your tax return. This doesn't necessarily mean that you did anything wrong; it just means that the tax authorities aren't clear about what is going on with your financial situation, and want to investigate further to clear things up, and ensure that nothing illegal has happened.

In Danville, Virginia the procedure of being audited is relatively simple. If you are chosen to be audited, you will receive a letter in the mail telling you as much. It's important to verify the authenticity of this letter, because sometimes con-artists will pose as tax authorities, and conduct fake audits of unsuspecting taxpayers, then claim that they owe the government more money. If the victim pays, the scammer takes the money and runs. To verify that a letter is authentic, you should contact the nearest branch of the relevant tax authority. Do not simply call the number provided to you in the letter, since it will probably lead to the scammer. Use a phonebook or the Internet to find the actual number you should call.

Once you have confirmed that your audit is authentic, you will be required to meet the auditor at an agreed-upon time and place. The auditor will usually inform you about what documents and other evidence 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 Danville, Virginia

A tax audit in Virginia can be conducted for almost any reason at all

As mentioned earlier, you might get audited simply because you were chosen at random. If this is the case, and you know that your tax return was completely truthful, and have the documentation to back it up, you shouldn't have anything to worry about.

On the other hand, some taxpayers in Danville, Virginia are audited for a specific reason, rather than being drawn at random. If the tax authorities believe that you have underreported your income, that is a very common reason for a tax audit. For instance, if you claim on your tax return that you make ,000 per year, and, in the same year, purchase an expensive luxury item, the tax authorities will wonder where you got that extra money, and why you're not paying taxes on it.

Likewise, trying to deduct a large percentage of your income is likely to raise suspicions. A tax deduction is a way to reduce one's tax liability by making some of one's income non-taxable. Some common sources of tax deductions in Danville, Virginia are business expenses and charitable donations. Some people, however, try to include false deductions in their tax returns (trying to deduct charitable donations they never actually gave, for example). A huge number of deductions will be highly suspicious to the tax authorities, and they will want to see evidence to support every deduction you claim, if you're audited.

How Can A Danville, Virginia Tax Lawyer Help?

If you find yourself on the business end of a tax audit in Danville, Virginia, and you are sure that you have reported all of your income, and not claimed any invalid deductions, chances are you were just chosen at random for an audit, and you probably don't have any cause for concern, other than the inconvenience that an audit represents. If you are found to owe any back taxes, and your failure to pay in the past was the result of an honest mistake, you'll likely be afforded a chance to pay any taxes you owe from past years, with the possible addition of interest.

However, there are some tax audits where the underlying facts are much more complex than a simple misunderstanding. In these cases, a good tax attorney in Danville, Virginia may be necessary to ensure that the process is as painless as it can possibly be.

Talk to a Tax Law Attorney now!

Life in Danville

Danville is an independent city located in the heart of Southern Virginia and has lots of southern charm. Located on the shores of the Dan river, the city of Danville is host to many outdoor concerts and cultural events that makes the city of Danville a joy to visit all four seasons.

With a population close to 50,000 Danville encompasses 49.3 miles of Virginia. Millionaire's row is one of the more notable aspects of Danville, as the street is lined with well-kept former plantation homes and is a popular area for tourists to drive by during their visit to Danville. A testament to the city of Danville's civil war history, there are many opportunities for residents and visitors to enjoy and explore. There is also a minor league baseball team in Danville-- the Danville Braves.

Danville, Virginia is also home to many fantastic lawyers. Lawyers in Danville specialize in a range of legal issues and are available to serve their local clients. Whether it is real estate issues, contract law, or family law Danville lawyers are competent in every legal issue that you may be presented. Danville lawyers are available for you today.

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