A tax audit should be an educational experience that provides an understanding of your responsibilities and rights under Florida tax laws it should not be a frustrating, time-consuming experience. Although an audit is an enforcement tool to ensure tax compliance, it also can help businesses identify and correct bookkeeping problems that could otherwise mean additional tax liabilities. The Department of Revenue wants to help taxpayers avoid penalties and interest that can result when taxes are not paid on time. Nearly a third of all audited taxpayers do not have to pay any additional tax.
Some audits even result in a tax refund.
Others, however, can result in more taxes, penalty, and interest. As a taxpayer, you can review the audit findings and proposed changes to your tax liability. You have the right to protest the proposed changes if you disagree with them. The Department of Revenue audits taxpayers to ensure Florida tax statutes are being uniformly enforced, deter tax evasion, promote voluntary compliance, and educate taxpayers. While most tax returns are accepted as filed, returns are audited to verify accuracy and evaluate compliance.