IRS Implements Tax Compliance Education The IRS utilizes a number of strategies to ensure that…
An IRS audit can be a stressful and overwhelming experience, even when you’ve done everything right. Despite your best efforts to file accurately, the IRS may still incorrectly conclude that you owe additional taxes or penalties.
If you believe the IRS made an error or misinterpreted tax laws, you have options to appeal the IRS’ findings. However, acting quickly is crucial to the outcome of your case. Having the tax attorneys in Scottsdale from Silver Law on your side will make a difference as well.
There are many reasons you may challenge audit outcomes and they often involve disputes over accuracy or fairness of the audit findings. Tax audits are complex and while the goal is to make sure you completed your taxes accurately and appropriately, disputes often occur. The common reasons for disagreeing with an audit include:
At the end of an IRS audit, you will receive an official decision as to what the IRS believes is your liability. This does not mean the audit is complete, you have the option to request an appeal directly with the IRS or file a U.S. Tax Court petition. However, the next steps you take are important and having a tax attorney by your side can make the process go smoother.
The first thing you should do is to look over the audit report. If you have any concerns with the report, have your tax attorney take a look to see if you have the proper documentation to support your disagreement.
It’s important to note that you cannot the IRS reconsider the assessment if:
You previously agreed to pay the amount you owe by signing an agreement, such as IRS Form 906 (Closing Agreement), an offer in compromise agreement, or an agreement on IRS Form 870-AD (Offer to Waive Restrictions on Assessment and Collection of Tax Deficiency and to Accept Overassessment) with the Office of Appeals.
The United States Tax Court or another court has issued a final determination that you owe the tax.
Once you and your attorney determine that you are eligible for reconsideration, the steps you should take in preparing the request include gathering supporting documentation relevant to your claim. Make sure they are directly related to the case. The documents can include receipts, bank statements, and more.
If you disagree with an auditor’s report, along with requesting an consideration, there are several other options. What direction you choose to go depends on the circumstances of your disagreement. If you believe the findings of your audit are wrong based on law or facts, you can file an appeal or if you received an IRS notice of deficiency, you can file in U.S. Tax Court.
If you recently received your IRS audit report and are concerned about what you see, reach out to our skilled tax attorneys at Silver Law! With a track record of success and in-depth understanding of tax law, you can be confident that our attorneys will put your interests first and work hard towards a positive outcome.
Contact us today for a consultation and have peace of mind as you resolve your tax concerns.
Email: lchapman@silverlawplc.com
Website: taxcontroversy.com
Arizona Location
7033 E. Greenway Pkwy, Ste 200
Scottsdale, AZ 85254
Office:480-429-3360
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Las Vegas, Nevada 89145
Office: 702-726-6819
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2470 Saint Rose Parkway Suite
207 Henderson, NV 89074
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San Diego, CA 92109
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