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Tax

Feb. 14, 2012

At tax time, remember to consider audit risk

Whenever you choose to file, always consider when your returns are safe from audit.

Robert W. Wood

Managing Partner
Wood LLP

333 Sacramento St
San Francisco , California 94111-3601

Phone: (415) 834-0113

Fax: (415) 789-4540

Email: wood@WoodLLP.com

Univ of Chicago Law School

Wood is a tax lawyer at Wood LLP, and often advises lawyers and litigants about tax issues.

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By Robert W. Wood


It's time to think taxes. Most business entity tax returns are due March 15 and individual returns are due April 15. You can go on extension, but that is only an extension to file your return, not an extension to pay. Besides, if you file by the normal due date the statute of limitations for audits starts to run sooner. But whenever you file, you should consider when your returns are safe from audit.


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