View Poll Results: Have you ever been audited?

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  • No Yet Thank God

    9 52.94%
  • Yes Only 1 Time

    5 29.41%
  • Yes a Few Times

    2 11.76%
  • Yes About Every Year

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Thread: Has the IRS Ever Audited You?

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  1. #1
    maxpower
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    Has the IRS Ever Audited You?

    All this tax stuff this week has really got me wondering how often the IRS audits people in our business, and do you think they go after us more because of what we do? My first year they did that too me, and it really freaked me out. I was just wondering if they do that to everyone?


  2. #2
    You do realize by 'gay' I mean a man who has sex with other men? IntenseCash.com's Avatar
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    I have never been audited and I have been doing this for about 10 years. You just need to make sure you are doing everything right and keep good records incase you are audited. Also make sure you your tax guy knows what he is doing. I have seen some tax guys do some stupid stuff and their clients get audited over and over. I used to do my own taxes but now I have my accountant do my books and H&R Block do my taxes. I think the H&R Block for business is the best.

    Mark
    * IntenseCash.com - If you can't convert us you better look for a new job!


  3. #3
    maxpower
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    Quote Originally Posted by IntenseCash.com
    I have never been audited and I have been doing this for about 10 years. You just need to make sure you are doing everything right and keep good records incase you are audited. Also make sure you your tax guy knows what he is doing. I have seen some tax guys do some stupid stuff and their clients get audited over and over. I used to do my own taxes but now I have my accountant do my books and H&R Block do my taxes. I think the H&R Block for business is the best.

    Mark

    Do you tell them you do porn? I was thinking that is why I got audited the first year, after that I have been kind of vague and they have not bother me since, maybe it was just a fluke but I was so scared the first year. I really don’t think I could sleep for like 3 days :uhoh:


  4. #4
    You do realize by 'gay' I mean a man who has sex with other men? IntenseCash.com's Avatar
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    Quote Originally Posted by maxpower
    Do you tell them you do porn? I was thinking that is why I got audited the first year, after that I have been kind of vague and they have not bother me since, maybe it was just a fluke but I was so scared the first year. I really don’t think I could sleep for like 3 days :uhoh:
    I have never told them. I usually put a more vague description like internet design and marketing or something like that. If they wanted to find out exactly what I did I am sure they could very easily.

    Mark
    * IntenseCash.com - If you can't convert us you better look for a new job!


  5. #5
    maxpower
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    Quote Originally Posted by IntenseCash.com
    I have never told them. I usually put a more vague description like internet design and marketing or something like that. If they wanted to find out exactly what I did I am sure they could very easily.

    Mark

    Ya I just put “webmaster” and if they ask I tell them I design and manage web sites “it is true I guess” I really don’t know what I was thinking the first year telling them I made adult sites, I guess I was just asking for it. :frown:


  6. #6
    maxpower
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    BTW man your program is doing ok for me, I think I just need to adjust some stuff, its seems some ads work better than others, and I need to mix it up with another program that converts better with the other type of ads. But I think it should give steady sales for awhile anyway


  7. #7
    chick with a bass basschick's Avatar
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    do you really find H&R Block for business better than going to a tax man? Block startled me by quoting us literally double what we pay our guy, and he's a tax specialist and also a tax attorney.

    Quote Originally Posted by IntenseCash.com
    I have never been audited and I have been doing this for about 10 years. You just need to make sure you are doing everything right and keep good records incase you are audited. Also make sure you your tax guy knows what he is doing. I have seen some tax guys do some stupid stuff and their clients get audited over and over. I used to do my own taxes but now I have my accountant do my books and H&R Block do my taxes. I think the H&R Block for business is the best.

    Mark


  8. #8
    You do realize by 'gay' I mean a man who has sex with other men? IntenseCash.com's Avatar
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    Quote Originally Posted by basschick
    do you really find H&R Block for business better than going to a tax man? Block startled me by quoting us literally double what we pay our guy, and he's a tax specialist and also a tax attorney.
    Well I haven't had many good experiences with the tax man. From my experience they are slow, rush things and do things wrong. My boyfriends Mom did my taxes for a couple years and did a good job but then they got more complicated and then I went to H&R Block. They did pretty good but then this year I went to H&R Block for business and even though it was more expensive I felt like things were done correctly and in a timely manner plus they were very knowledgeable with all the laws. I hope that helps

    Mark
    * IntenseCash.com - If you can't convert us you better look for a new job!


  9. #9
    throw fundamentalists to the lions chadknowslaw's Avatar
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    I have been audited and I have to say it was actually a good experience. I knew that there was nothing wrong with my return, and after all the work they did the IRS wanted an extra $50. All that time and effort and all they could come up with was $50! I laughed as I wrote that check. They have left me alone ever since. I don't mind the audit since I have nothing to hide. Bring it on, IRS!

    I use a tax preparer right now. I think it is best to use a preparer with skills to match your needs--not more or less--a single person with only W-2 income should prepare online without help, a small business needs a tax preparer, and a big business needs CPA's. Tax lawyers really aren't necessary for tax preparation--that is kind of like having a talented artist paint your house or a heart surgeon give you a physical. Usually a waste of money. Fuckin' lawyers anyway
    Chad Belville, Esq
    Phoenix, Arizona
    www.chadknowslaw.com
    Keeping you out of trouble is easier than getting you out of trouble!


  10. #10
    maxpower
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    I just don’t see how it couldn’t really stress you out, I could feel my hart in my throat when I got that letter that said “Audit” I really had nothing to hide, but it did made me puke with in less than an hour. :ill: I think that is about most of our biggest nightmare, other than the cops grabbing us in the middle of the night or something. :mental:


  11. #11
    skot
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    Quote Originally Posted by IntenseCash.com
    Well I haven't had many good experiences with the tax man. From my experience they are slow, rush things and do things wrong. My boyfriends Mom did my taxes for a couple years and did a good job but then they got more complicated and then I went to H&R Block. They did pretty good but then this year I went to H&R Block for business and even though it was more expensive I felt like things were done correctly and in a timely manner plus they were very knowledgeable with all the laws. I hope that helps :-)
    I have a tax preparer (who happens to be a CPA) and the best benefit of him is that I can call him any time during the year and ask detailed questions about my specific situation, and he can give me good answers. I don't have to explain my whole business or situation to him every time since he's already up to speed... plus, since they're usually "easy" questions for him, we're on the phone for 10 minutes and he doesn't charge me for the time, which is cool. (I do pay him for his time for the preparation of the returns each year, and for our big sit-down end-of-year review meeting, of course.)

    I don't doubt that H&R can do a good job preparing the returns, but me being able to call my guy makes all the difference for me.


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