Income Tax Audit Help for 2011, 2012

Are you being audited by the IRS?  There is help available.  The most important thing to remember when preparing your taxes is to report your income, deductions and exemptions accurately. 

You must save all of your receipts for your deductions for 3 years after filling your taxes.  If you are audited, you must provide proof that you indeed had those expenses.  If you cannot support your deductions, you may be assessed a tax liability for each unsupported deduction. 

There are tax professionals that are available to help, of course for a fee.  So it is important that you try to protect yourself to the fullest by making sure you report your tax information as accurately as possible.  Using a service that guarantees accuracy and therefore reduces your risk of being audited is your best solution, other than paying a tax professional a lot of money. 

There are online services like TurboTax that will guarantee the accuracy 100%. This reduces the risk of being audited and if you are audited, whether it is due to an area on your tax return that has prompted a red flag or you were randomly selected, TurboTax offers help.  For a small fee, they will help you with your audit.  Also, if you pay the small fee to use Turbo Tax to file your taxes, it will virtually eliminate the risk of an audit except for the chance of being randomly selected, which is approximately 1% of the taxpayers that file their return. 

For answers to all your tax-related questions, visit TurboTaxOnline.