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ThinkTech Hawaii: Amended Return Equals Guilty Plea (Talking Tax)

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Tax Auditors Know this. The hosts for this show are Mark Coleman and Tom Yamachika.

We have been hearing through the grapevine that a number of examiners and auditors at the Department of Taxation have been using a ʻplease amend your returnʻ tactic. It’s by no means a new strategy, but for those who haven’t gone through an audit before it can have a very profound side effect…that they know of and the poor taxpayer probably doesn’t.

If you amend your return, then the change to the tax return is considered to come from you, not from them. Meaning that whether or not the amended return is correct, it’s your return and you can’t appeal it.

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