"D. Stussy" <kd6lvw[at]bde-arc.ampr.org> wrote:
- quote -

Oh, it's easy to order one. Whether they find it or not is
a whole other matter.

Stu

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Vic Dura wrote:
- quote -

The difficulty of ordering the IRS's copy of a tax return
from the service center....

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effi wrote:
- quote -

No, they can't - not without issuing an audit notice for
these other returns. Requesting documentation for the
related years constitutes an examination of those returns.

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"Vic Dura" <vpdura[at]CLUTTERhiwaay.net> wrote:
- quote -

Because that may make them think they will have to go order
that return through their system which takes quite a while
to accomplish.

Wayne Brasch

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"Vic Dura" <vpdura[at]CLUTTERhiwaay.net> wrote
- quote -

They also know that it may be months before they get a copy
(if ever)

--
Paul A. Thomas, CPA
Athens, Georgia
taxman at negia.net

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"eveacct" <eve_acct[at]ameritech.net> wrote:

- quote -

not enough information given
for instance, is there any criminal activity? fraud? those
kind of variables can change dramatically the answer to your
questions

assuming none, the irs can probably request full
documentation or other substantiation as they may accept for
for all 3 years, 2001, 2002, and 2003 for your individual
return (1040) and the corporate return (1120S)

have the examining agent put into writing before you meet
with him or her exactly what information they are going to
want to see, so you can locate it and bring everything they
want, and only what they want, so you're not volunteering
information

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"Paul A Thomas" <taxman[at]negia.net> wrote:

- quote -

Why would that cause them to become "pale"?

--
To reply to me directly, remove the CLUTTER from my email address.

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"eveacct" <eve_acct[at]ameritech.net> wrote:

- quote -

Since the S-Corp dollars flow through to the shareholder,
IRS always looks at that return to insure that it was
reported properly. They can ask for as much info as they
deem necessary. Just make sure that the POA covers all of
the years.

--
Bruce Raskin, CPA
BRaskinCPA[at]aol.com

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eveacct wrote:

- quote -

It is standard practice for them to ask for returns of the
prior year, subsequent year, and any current year related
entities. Since the IRS has this info "somewhere" anyway,
there is no harm in letting them SEE your copies during the
audit meeting. I consider it a problem should they wish to
COPY them. However, note that there are court rulings that
indicate that a taxpayer need not give the IRS anything that
is "readily available" and/or already in its possession.

The reason for asking for the prior and subsequent year
returns is to get a picture of the taxpayer - i.e. "what
does a 'normal' year look like?" For the related entities,
they're checking for consistency.

As to any documentation for these other years or entities,
give them NOTHING, unless you WANT to open those up for
audit and wish to claim that they examined those also. [As
for why you would want to do that, I don't have any rational
suggestions on - at least for the compliant taxpayer.]

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"eveacct" <eve_acct[at]ameritech.net> wrote:

- quote -

They are not exceeding their authority in asking for those
other items because of the pass-through nature of an S
Corporation.

Wayne Brasch

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"eveacct" <eve_acct[at]ameritech.net> wrote:

- quote -

They can request whatever documentation they want. Because
the 1120S is a pass-through entity, it's appropriate to see
how the Schedule K-1 showed up on the 1040. It is routine to
ask for the tax return for the prior and the subsequent
year. As long as you've done everything right, you shouldn't
have to worry.

--
Tom Healy, CPA
Boulder, CO
Web: http://www.tomhealycpa.com

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eveacct wrote:

- quote -

All of the above.

- quote -

The request for prior and subsequent 1120S forms is
supposedly just for information to point to consistent
treatment of items. Well, that's THEIRS story and they're
sticking to it.

Be alert,however, for any affiliated companies. Once I had
an audit for a corporation, and of course they wanted prior
and subsequent returns, plus the 100% shareholder's personal
return, which I was not the preparer. So I had to get his
POA on that one.

Then during audit they somehow discovered an affiliate
corporation co located, and while not extending the audit to
that one, did examine some dealings between the two. BTW, I
stopped the audit and required the agent to go back to
office and issue another letter request in order to see the
returns of the second company.

Strange, though, they never did find out about, nor ask to
see any records of yet another affiliate. And I forgot to
volunteer that there was one.

ChEAr$,
Harlan Lunsford, EA n LA

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"eveacct" <eve_acct[at]ameritech.net> wrote

- quote -

On "S" corp exams they always look at the shareholder(s)
returns. And what they are looking for on the year before
and year after corporate returns is carryforward items
(inventory being one of them). You'd be surprised at how
little information they have access to from their records.
When you meet the for audit, tell him/her that you are still
looking for the 2001 corporate return and see how pale they
get. Then supply it the next day. They'd have to order a
copy from where ever you or I would order copies from, and
wait just as long as we'd have to wait.

--
Paul A. Thomas, CPA
Athens, Georgia
taxman at negia.net

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On a field examination, IRS is examining 2002 for a S Corp.
IRS is also requesting copies of the 2001 tax return and the
2003 tax return. They are also requesting copies of the
2002 (1040) tax return for the single shareholder.

How much information and/or documentation can they request
for the 2002 shareholder return since the 2002 1040 was not
part of the examination.

How much information and/or documentation can they request
for 2001 and 2003 for the 1120S return.

It seems that they are looking at three years for the price
of one and two entities for the price of one.

Any info?

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