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Had IRS Audit today...
I got an audit notice on my 2003 tax return and the appointment was today. Since I work in outside sales, they were questioning my business expenses, mileage and automobile (Porsche)...
The examiners grilled me pretty good and covered everything possible, and I had all documentation. After an hour, they left the room and one of them came back later to tell me that I was all set...and could go home without penalty. This was no surprise to me, but Im glad that they didnt pull any rabbits out of their hats to hammer me with.
If you ever get audited, bring every piece of documentation possible...you want to establish a pattern of "trust" that you have a history of documented deductions. Be nice but firm and professional. I recorded everything on a little tape recorder.
I posted this here cause it may spark some discussions etc....
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