Law Offices of Connie Yi, PC
Tell Us About Your Case

For the safety of our community, clients and staff, we have suspended all in-person meeting effective March 17, 2020. All consultation meetings will be via Phone or Zoom Video Conferencing. Please contact us at (925) 484-0888 or email us directly at [email protected] to schedule the consultation.

View Our Practice Areas

How much do I have to worry about an IRS audit?

Although most Americans have already filed their 2013 taxes and are waiting to hear back from the IRS, there are still some who have yet to submit their returns. One of the thoughts on many taxpayers’ minds after submitting their tax return is, “I hope everything was correct.” This is a natural though, and most of us have heard stories about the IRS auditing individuals and businesses for potential tax fraud or evasion.

The reality with IRS audits, though, is that most people really don’t have to worry about them too much. Last year, roughly one percent of taxpayers were audited. This year, according to the IRS, that number is expected to be even lower because of budget cuts.  This year, the number of agents conducting audits is actually the least there has been since the 1980s. 

This does not mean, of course, that taxpayers therefore should feel okay about fudging their numbers and leaving out income. Not only is this dishonest, but the IRS will still pay attention to obvious mistakes. In addition, taxpayers should always do their best to report their income accurate, so that they have nothing to hide if they end up being subjected to an audit.

In some cases, of course, there are simple mistakes that lead to an IRS audit. When this happens, it can be alarming to a taxpayer. Those facing this situation can benefit from working with an experienced tax attorney who understands the auditing process and how to work with the IRS. 

Source: ABC News, “Files Those Taxes, But Don’t Worry Too Much About Getting Audited,” Colleen Curry, April 14, 2014. 

No Comments

Leave a comment
Comment Information

Contact Us

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Email Us For A Response

Office Locations

Law Offices of Connie Yi, PC
323 Ray Street
Pleasanton, CA 94566

Phone: 925-484-0888
Pleasanton Law Office Map

19925 Stevens Creek Blvd
Suite 100
Cupertino, CA 95014

Toll Free: 888-312-6978
Map & Directions

San Francisco
490 Post Street, Suite 508
San Francisco, CA 94102

Toll Free: 888-312-6978
Phone: 415-433-3350
Map & Directions