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Revision as of 04:01, 5 August 2026
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According transfer pricing to the contents of her assessment, she was required shell out an extra R32000 (R=South African Rand or currency) on top of what she normally paid during prior years - give of take 3 hundreds. After checking her documents, I asked her if she had earned any other income away from her teaching and she said No!
During an audit, it's really not advisable it is possible to try to represent oneself. The IRS is a well meaning agency, and just wants to assure all tax payers meet their obligations because it would be unfair in case you try very best to pay their taxes if you got away without paying 1 you have. However, the auditing process itself can be pretty daunting to the alleged tax evader. If you're proven guilty, you end up being asked invest up to 100% in the taxes you've failed to pay in if you pay. That's a huge sum which can drive a person bankruptcy.
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