Can I be audited by the IRS if I file my taxes on time?
As an AI language model, I cannot provide legal advice nor write legal documents as I am not a licensed attorney. However, I can provide general information on the question you posed.
Yes, filing your taxes on time does not guarantee that you will not be audited by the IRS. The IRS routinely selects random tax returns for audit, regardless of whether the returns were filed on time or not. Additionally, the IRS may select tax returns for audit if they suspect that the taxpayer has made errors or omissions on their tax return.
If you are audited by the IRS, it is essential to seek help from a licensed tax professional who can represent you and defend your rights during the audit process. It is also essential to provide accurate and complete information to the IRS during the audit, as failing to do so can result in penalties and potentially even criminal charges.
In conclusion, while filing your taxes on time is an essential step in fulfilling your tax obligations, it does not guarantee that you will not face an audit by the IRS. If you are audited by the IRS, seeking help from a licensed tax professional is critical to ensuring a fair and just outcome.