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To say that suicide as a result of a tax audit is "VERY RARE!" is speculation, is unhelpful and diminishes the seriousness of the problem of an out of control agency of the US government.
Causes of suicides are not tracked with the degree of specificity needed to answer the question. I think it's not unreasonable to assume tax difficulties are frequently a component of financial or debt difficulties. One could get a sense of the magnitude by searching "suicide as a result of debt." Doing this results in a pretty significant number of returns.
Even one suicide over a tax issue is a tragedy because a majority of tax related legal problems would be eliminated by replacing the income tax with a national consumption tax such as H.R 25 (the FairTax.)
For more information about the FAIRtax, including PDFs showing your effective tax rate, Google "HR25FairTaxReview."
IMO it is VERY RARE! Why end your life because the IRS wants to verify your deductions and income. If you've kept even basic records the chances of "beating an audit" are good. Your chances increase significantly if you acquire the services of a Tax Professional to represent you before the IRS.
The worst case scenario is that you will owe some additional taxes. The IRS has a multitude of methods to allow you to pay those taxes. Even if you are destitute and can't afford ANY of your tax deficiency, then the law allows the overdue taxes to evaporate after a given time frame (referred in our industry as the CSED).
Click on the first link below to pull up a copy of IRS Publication 3498 and the next link to pull up IRS Publication 556. Pub. 3498 is the more concise of the two. For complete information refer to the Pub. 556. They are both Adobe PDF copies so you can save them to your computer or print them as you need.
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How do you spell autided?
Perhaps you mean audited as in being audited by the IRS
Can the IRS take your refund if your being audited but no money is due yet?
No. The IRS can only offset your refund if they have already made an assessment against you.
What situations necessitate help from a tax attorney?
You may need to hire a tax attorney if you are being audited by the IRS. If you are being charged penalties for back taxes by the IRS, a tax attorney may be able to help you get a decreased penalty.
Did sharon denise smallwood from 24th and tasker phila pa get audited this year?
The IRS does release names of people that they have audited. So there is no information if Sharon Denise Smallwood was audited this year.
Can you claim on your current taxes the amount paid to the IRS after they have audited you and have requested the money be refunded?
this was from a previous years filing, they audited and it had to be paid back
What are the most common income tax problems?
Years of unfiled federal returns, in collections and are receiving IRS letters, have a wage garnishment on their paycheck at work, have a Revenue Officer or Revenue Agent showing up to their home or work, and being audited.
What happens if I didn't claim income and the IRS finds out?
if the IRS finds out that a person does claim income, the IRS can audit the person. If audited, the person will have to go in person to their local IRS agency and explain the situation.
How common is suicide due to stress from the IRS?
Suicide due to stress from the IRS is not common. While tax-related stress can be overwhelming for some individuals, it is essential to seek help and support when feeling distressed. There are resources available, such as mental health services and helplines, to provide assistance in managing tax-related anxiety.
I am being audited by the IRS, is there a good tax law attorney in Las Vegas?
you really needs to hire an attorny for IRS audit. you can contact Randolph H Goldberg Law Office , Ph (702) 735-1500, he is in Las Vegas
Do you get audited when you file your taxes?
Yes, the IRS can audit you at any time within 5 years after filing.
What if you dont report rental income?
you get audited by irs, face penalties and possible jail term for tax evasion.
Why would you get audited?
If you're talking about an IRS audit, it could be because you did something that set off a red flag (for example: people with an AGI of $40000 normally do not have $25000 in charitable contributions, and it might prompt a certain degree of interest). Also, the IRS selects a certain number of returns to be audited at random.
