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LSDefine

Simple English definitions for legal terms

tax auditor

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A quick definition of tax auditor:

A tax auditor is a person who checks financial records to make sure they follow the rules about taxes. They look at records for individuals, companies, and organizations to see if they are following federal, state, and local tax laws. Tax auditors help companies with their tax returns and make reports about what they find. There are different types of tax auditors, like those who work for a company, those who work for the government, and those who are hired by a company to check their records.

A more thorough explanation:

A tax auditor is a financial professional who specializes in taxes and evaluates financial records to determine whether they comply with applicable laws and regulations.

Tax auditors examine companies, individuals, institutions, and organizations for compliance with federal, state, and local tax laws. They apply accounting principles to conduct internal audits, analyze and evaluate accounting systems and tax control units to reduce taxes, maintain required tax documentation, assist companies with tax returns, and prepare tax audit reports.

Tax auditors are classified as internal, external, or government auditors.

  • Internal auditors are hired to conduct audits of companies and help identify fraud, tax errors, and mismanagement of funds.
  • External auditors are impartial third parties who help clients file tax forms.
  • Government auditors are hired by the Internal Revenue Service (IRS) to conduct random audits of companies, especially those suspected of tax fraud or evasion.

For example, an internal tax auditor may be hired by a company to ensure that the company is complying with tax regulations and to identify any potential tax errors or fraud. An external tax auditor may be hired by an individual or business to help them file their tax forms accurately. A government tax auditor may conduct a random audit of a company suspected of tax fraud or evasion.

tax attorney | tax basis

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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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