|
I did have one in 2001 or so. Not in the US but in Europe. And not a simple audit either, but a 30 guy stampede of IRS troops lol. Took them like 7 hours to search my house (we freshly moved in) and could not even find the books, since they didnt get bothered with the 15 boxes full of stuff I didnt open yet. I voluntarily supplied the head with my books when I found them a day or 2 later, since I did not have something to hide.
Well, my tax accountant back than was not fully aware of the nature of my business.
That asshole let important deadlines go wasted completely overwhelmed with just everything. And after I learned that he missed the deadlines he kicked me out lol.
I just went to get the Yellow Pages and seached the biggest tax accountant ad within 100 km, hit them on the phone, explained a little and had a meeting with them in their offices and explained them in detail how I was making the money. The guy I talked to was a partner of the firm and he was really keen to take it. And they took really good care of me.
So, to have an accountant fully aware of the situation is key if the shit hits the fan.
And do not get a village idiot that gets pushed around by the IRS collectors troops, they are no pleasure to deal with.
|