Article Date:
October 2006


Word Count:
233

 

 

Records Lost in Fire


About four months ago, we experienced a terrible fire during which all of our records were destroyed. How can we protect ourselves from an audit? (F.S. Glendale, AZ)

 

You can’t. You already filed the returns. What’s done is done. You are either going to get audited or not.

 

Half of the IRS audits are on a purely random basis. Say you are one frightened taxpayer, so worried about an audit that you claim zero deductions. Even with ... Log in to view full article.

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