tax audits Archives - EPSOMTAX.COM - Property Accountants, Auckland https://www.epsomtax.com/tag/tax-audits/ Investment property tax accountants Mon, 21 Sep 2026 21:11:22 +0000 en-NZ hourly 1 https://wordpress.org/?v=7.1.3 https://www.epsomtax.com/wp-content/uploads/2021/11/cropped-fav2-32x32.gif tax audits Archives - EPSOMTAX.COM - Property Accountants, Auckland https://www.epsomtax.com/tag/tax-audits/ 32 32 INLAND REVENUE TAX AUDITS: WHY PROPERTY INVESTORS NEED BETTER RECORDS THAN EVER https://www.epsomtax.com/inland-revenue-tax-audits-why-property-investors-need-better-records-than-ever/ Thu, 20 Aug 2026 03:49:53 +0000 https://www.epsomtax.com/?p=2487 Inland Revenue tax audits are increasing as IRD invests more heavily in compliance activity, data analysis, automated tools, and targeted reviews of property transactions. For New Zealand property investors, landlords, developers, and people caught by the bright-line rules, this means Inland Revenue now has a much stronger ability to detect undeclared income, GST errors, and incorrect…

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]]> THE DANGERS OF USING AI TO DO YOUR TAX RETURN https://www.epsomtax.com/the-dangers-of-using-ai-to-do-your-tax-return/ Fri, 29 May 2026 03:00:52 +0000 https://www.epsomtax.com/?p=2191 The dangers of using AI to do your tax return? What dangers? Well…. We all know that artificial intelligence has become remarkably accessible. Today, anyone can ask ChatGPT, Gemini, Copilot, Claude, or another AI tool a tax question and receive an instant answer that appears authoritative and well researched. That convenience creates a real danger.…

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]]> “IRD RISK REVIEW” VS IRD “REQUEST FOR MORE INFORMATION” https://www.epsomtax.com/ird-risk-review-vs-ird-request-for-more-information/ Mon, 31 Mar 2025 00:22:00 +0000 http://epsomtax.wpenginepowered.com/?p=634 Facing an IRD Risk Review is a scary thing.  You might have read about Audits, and Risk Reviews. But what does the process (sometimes) look like?

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]]> WHAT IS AUDIT INSURANCE? https://www.epsomtax.com/what-is-audit-insurance/ Sat, 30 Dec 2023 20:15:19 +0000 http://epsomtax.wpenginepowered.com/?p=262 WHAT IS AUDIT SHIELD INSURANCE? It's an insurance to pay your accounting and legal costs if IRD start asking questions

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]]> IRD REQUEST FOR MORE INFORMATION https://www.epsomtax.com/what-does-an-ird-request-for-more-information-letter-look-like/ Sun, 01 Jan 2017 15:01:28 +0000 http://epsomtax.wpenginepowered.com/?p=710 IRD request for more information: no one wants to receive one of those letters. But what do they look like and what do they mean? Here are two useful pages to get a clear picture on IRD Requests for More Information. WHEN THE IRD WANTS MORE INFO!  This article explains that the Inland Revenue Department…

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]]> WHEN THE IRD WANTS MORE INFO! https://www.epsomtax.com/when-the-ird-wants-more-info/ Tue, 23 Aug 2016 14:33:37 +0000 http://epsomtax.wpenginepowered.com/?p=672 When the IRD wants more info… what do you do? This year (2016) we’ve seen a dramatic increase in requests for information from IRD, generally, letters where they want a more detailed breakdown of expenses. We’ve also seen some more “direct” methods employed. What is this all about? FOCUS ON PROPERTY ​This year, as in…

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