2023-05-29 21:30:09
In the final stretch of the deadline for delivering the Income Tax (IR) declaration, many taxpayers are running out of time to avoid the late fee. For those who left everything to the last minute, Co-founder and CEO of ATLAS Intelligence for Management and Accounting, Marcelo Voigt Bianchi, brings precious tips and clarifies frequently asked questions.
I left everything to the last minute. What are my priorities?
According to Bianchi, the priority should be filling out the declaration with all the data, but if this is not possible, it is essential to focus on taxable income and deductible information. “That way, at least you’ll know if you have tax to pay or refund,” he explains.
The expert emphasizes the importance of rectifying the declaration right after filling in all the information, if it was not possible to do so at first.
I’m a liberal professional. How can I make the IR declaration less complex?
Liberal professionals, such as doctors, speech therapists, physiotherapists, lawyers, often face challenges to make the IR Declaration a less complex task and avoid errors.
Bianchi’s orientation is to seek the help of an accountant and maintain a routine of sending documents for the bookkeeping of the cash book and calculation of the monthly Income Tax. “Many liberal professionals confuse and think that the calculation of the Income Tax is annual, in fact it is monthly. The adjustment of the declaration is done annually”, she clarifies.
What are the consequences if I make errors in the declaration?
No one wants to receive a notification from the IRS, but this is a real risk for anyone who makes errors in the declaration. About the consequences for those who make mistakes in the declaration Bianchi warns: “when there is inconsistency, the Federal Revenue Service will summon the taxpayer to provide the information”.
Errors and inconsistencies in the declaration may result in fines and, in extreme cases, if fraud is identified, may lead the taxpayer to be indicted for a tax crime.
What if I can’t deliver the statement on time? Would it be better to submit the incomplete statement and then rectify it?
If the deadline expires and it is not possible to deliver the income tax return, the taxpayer must pay a minimum fine of R$ 165.74, an amount that can reach up to 20% of the amount of tax due. However, some choose to deliver the incomplete declaration, to later rectify it, thus avoiding a greater penalty.
Bianchi says many taxpayers opt for this strategy. If this is the choice, he advises that rectification be done as soon as possible. “The sooner, the cheaper and less headache”, he says. He reinforces that hiring an expert accountant is the best strategy to avoid problems with the “Leão”.
Therefore, even if the taxpayer has left the Income Tax declaration for the last minute, it is possible to minimize the risks and avoid future problems with the Federal Revenue Service. As Marcelo Voigt Bianchi highlights, even in the last minute rush, there are strategies to minimize risks and an accounting specialist can be a great ally in this process.
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