Tax Audits

According to ProPublica, taxpayers in Georgia who make less than $20,000 a year may face the same chance of being audited as those in the 1% of top earners. In many cases, low-income individuals face audits because they claimed the Earned Income Tax Credit (EITC). The...

In 2018, only .59% of federal tax returns were audited. This was a decrease from 2017; in fact, it was the seventh straight year in which overall audit rates decreased. Taxpayers in Georgia and elsewhere who made more than $10 million also saw their audit rate decline...

In fiscal year 2018, Georgia taxpayers and others who made at least $10 million saw their audit rate fall to 6.66%. In fiscal year 2017, the audit rate for those making at least $10 million that year was 14.52%. Audit rates also dropped for those who made between $1...

It is unlikely that an individual in Georgia or anywhere else will have his or her tax return selected for audit. Overall, just 0.6% of returns will face further scrutiny after they are sent to the IRS. The odds of an audit are influenced by how much money a person...

Taxpayers in Georgia may fear an IRS audit as one of their worst nightmares. These detailed overviews of tax filings may leave even honest taxpayers worried. That's why filers should be aware that the agency announced that it may be changing its methods to determine...

Georgia residents might be happy to know that their chances of being audited are fairly low. While it is still important to turn one's taxes in on time, an individual has a 1 in 160 chance of being audited. In 2010, about 1 in 90 people were audited. A tighter budget...

Sometimes a dispute arises about a tax payment you have made. Sometimes you have a problem with an existing regulation. Tax issues are sometimes about state rather than federal matters. What, you might ask, is the Georgia Tax Tribunal and what kind of cases does the...

Some Georgia taxpayers may be concerned about getting audited by the Internal Revenue Service. Much of the concern could be due to the significant amount of misinformation that circulates about tax audits. Taxpayers should know that audits are not very common. In...

Criminal tax cases are relatively rare in Georgia. Tax professionals and attorneys will say that one common way to bring on a criminal case related to taxes is to be evasive or obstructive during dealings with the Internal Revenue Service. It's something to keep in...

Georgia residents and others are advised to keep a physical and digital copy of a tax return for as long as they live. This can be helpful in the event that the IRS claims a person hasn't filed a return in a given year or filed a fraudulent return. Furthermore, the...