IRS Audit Letter?
It often starts with an IRS audit letter and then it gets worse. We don’t mean to make you feel upset, but it is important that you act immediately after receiving an audit notification from Internal Revenue Service (IRS). Let’s discuss why.
The IRS audits approximately one million returns annually. One of the most important questions you may ask is “Why did they choose me?”. There are many reasons. Here are some good ones.
- Mix-ups and mistakes: A mistake or omission on your tax return could quickly lead you to the audit pile. Do you forget to attach the form? Numbers don’t match up? It can be costly to not do your research before you sign your tax return.
- Your number has been raised: The IRS uses predefined metrics and formulae when selecting returns for audit. If there are any, your return could be chosen randomly. However, IRS software could score your return within a range that is common for problem returns.
- Friends of acquaintances and other possible sketchiness: Your return could be a target if you are in business with or in partnership with an individual or entity that is subject to an IRS criminal investigation or who has been selected for audit. You could be subject to an IRS criminal investigation, an audit in the past, or a problem with an offshore tax agreement.
- There’s a lot of stuff out there: Your return might be in a category that is being audited this tax year or the IRS could be looking at your tax preparer, and possibly catching your return. There are always informants that can give the IRS a hint about a taxpayer they feel is not paying their fair share.
You will receive a mail notification if you are selected to be an auditor. IRS says they don’t initiate audits by telephone calls. The IRS claims that about 75 percent are done via mail–by-mail. Another 25% are field audits that take place at your home, business, or accountant’s offices.
If the IRS asks for your tax documents, an IRS tax lawyer can be a valuable asset. These are some important facts to remember:
- Don’t ignore correspondence from the IRS. Send it to your tax attorney immediately for advice and scrutiny.
- If you receive a tax bill from the IRS and your tax attorney or accountant tells you it is accurate, you should consider paying it instead of trying to avoid it. A quick settlement of a fair tax invoice could save you from something more complicated. An IRS tax attorney can assist you with this.
Audits are inevitable. An IRS audit can be stressful. It is important to respond quickly and correctly. Your tax attorney or accountant can help you to determine the best strategy and options for responding to an IRS audit notice. Get an expert to help if you get an IRS audit letter in the mail this tax season.
Choose Tenina Law For Tax Resolution
We are Southern California’s best tax attorney. Tenina law is a group that has been in business for more than 20 years. We are tax experts and have successfully managed numerous IRS audit letters and IRS negotiations. No matter if you’re a business owner, or someone looking for immediate help with tax issues, we can help. Penalties and interest will not stop accruing as long as the tax problem isn’t resolved. Our team can help you get the tax assistance that you need quickly. Our team is open and transparent, so you will get the right information to solve your tax problems. We want you to be able to quickly and efficiently get the answers that you need to resolve your tax problems.
The Services Provided By Tenina Law
- Non Filed Returns
- Asset Or Property Seizure
- Criminal Tax Defense
- Wage Garnishment
- Installment Agreement
- Levies And IRS Liens
- Penalties And Interest
- And more
Contact us today to learn more about working alongside a tax attorney in Orange County, Sherman Oaks, or one of the many Southern California cities we provide service for.
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