Monday, April 11, 2005

Auditing Urban Legends Dispelled

SACRAMENTO, Calif. (Wireless Flash - FlashNews) – If you’re trying to decrease the chance of getting audited by filing your tax return extra early or super late, think again.

According to California Franchise Tax Board spokesperson Denise Azimi, it doesn’t matter how early or late to the April 15 tax date you file your returns because taxpayers are picked at random to be audited.

She says sending your return electronically will also not increase or decrease the odds the IRS will come rifling through your papers.

Another taxing urban legend is the belief that sending in your tax return in an envelope bigger than a No. 10 business size will help you avoid an audit.

The idea is that larger, non-standard envelopes must be processed by hand – instead of machinery – and thus, reduces or delays your chance of an audit.

However, Azimi says, “There’s no truth to that. We go through every envelope the same way regardless of its size.”

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