Tax assessor’s decision: Is this the end of the road – or just the beginning?
An assessor sounds like someone who calculates numbers and issues forms. In practice, he is a kind of “first judge” in the tax system, and sometimes also a prosecutor, an investigator, and an auditor general. When a letter arrives with the title “Tax assessment for the years…” or “Assessor’s determination”Many people panic. Whether it’s a […]
What to do when your business books are rejected? An in-depth guide to dealing with the appeals committee
Most business owners don’t think about their books until someone comes to check them. Then – the message comes: “We have decided to disqualify your books for the tax year under review.” Three words that can break a business’s back. Book disqualification is not just an accounting warning sign – it is a heavy sanction […]
Dangerous beauty: A surprise audit of beauticians and home care workers – and how it quickly turns into a financial nightmare
She posted on Instagram. He heard from a friend. They called, made an appointment – and showed up with IDs, and sometimes hidden cameras. No, this is not the beginning of a detective series. This is the reality of more and more cosmetologists, laser hair removal therapists and beauty professionals who work from home, and […]
A surprise that’s not the pleasant kind: How to deal with a surprise audit from the bookkeeping department
The phone rings, or a knock on the door interrupts your routine morning at work. Two polite people introduce themselves: “Hello, we’re from the IRS. A surprise audit of the accounting department.” Not a trick. Not a joke. Not a bad dream. This is a real event, with real consequences – and one of the […]
Airline ticket for problems: What happens when you violate the personal import exemption provisions by mail?
Who doesn’t love ordering something online? One click – and the path from the wide world straight to our living room is shorter than ever. A shirt from Milan, a perfume from Paris, a gadget from Singapore – everything is accessible and available. But what many don’t know is that under the blanket of digital […]
Alone is always expensive: Why professional guidance in a VAT investigation is not a luxury but a necessity
A VAT investigation is not just another form to fill out. It is a dramatic event that could shake up anyone’s private life, your business, your account – the tax authorities have many and varied tools, many powers enshrined in law, and investigative mechanisms that sometimes resemble episodes in a crime series – only in […]
VAT Investigations: Everything You Need to Know and How to Get Out of It Safely
For most business owners, the term “VAT investigation” sounds like something that happens to others. Until it happens to you. A suspicious phone call, a sudden visit to the office, or a seemingly innocent request to hand over documents — and suddenly you’re in the eye of the storm. VAT investigations are not only a […]
Income tax assessment objection: When the state decides what you earned – and you are the one who has to prove otherwise
You don’t have to be an accountant to understand that an annual report is a complex matter. But you also don’t have to be a criminal to suddenly discover that the Tax Authority thinks you owe hundreds of thousands of shekels – even though you’re absolutely sure you’ve paid everything you need to. The income […]
Ransom instead of criminal proceedings: The most expensive (but perhaps the smartest) compromise you will ever make
In the real world, not everyone who commits a criminal offense is sent to court – and fortunately, not every mistake on a VAT report or accidental tax evasion ends in an indictment. Sometimes, there is a middle ground. In that middle ground lies the “money ransom”: a tool that allows the tax authority and […]
VAT assessment objection: When you share the state – and try to get out of it peacefully
The Tax Authority doesn’t just call to ask how you’re doing. And if you’ve received a VAT assessment – that is, a demand for payment based on the authority’s assessment (and not based on a report) – it’s a sign that something in the harmony between your business and the state has gone wrong. Sometimes […]