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IRS Audit Group Newport Beach 5 Sales Tax Tips – IRS Audit Group Newport Beach

If you’re looking for sales tax help, then you have come to the right place. There are several precautions in order to safeguard your sales tax system – you should monitor the statutory rules, find ways to be efficient when collecting and be sure to remit the right sales. To develop sales and use tax system, we’ve outline some advice below:

1.Understand which products are taxable and which aren’t. Each state uses different definitions of what product belongs to which category so these may vary – utilities, personal services, business services, computer services, admissions/amusements, professional services, fabrication repair and installation are all different categories under which you may sell a product.

2. You cannot assume your sales tax process is working now because it worked before – as your business grows so will your tax obligations. Manage them correctly by adapting to compliance activities, rules and regulations.

3. Do not neglect the consumer use tax. This is a tax on tangible personal property (TPP). Remitting of this tax relies on the buyer and must be paid when businesses withdraw goods from inventory for its own use, The business must self-assess use tax that must be paid to the state and/or local tax authorities.

4. Be aware of nexus laws – your business must be registered in states where you have nexus and review related rules. Nexus, also called “sufficient physical presence,” is a legal term that refers to the requirement for companies doing business in a state to collect and pay tax on sales in that state. You might have created this presence unknowingly by contracting labor or attending conferences and trade shows out of your region.

5. Automate as much of the system as possible. Inventory management, sales and finance automation can give you much more flexibility when handling the sales tax process. It is also much more efficient for growing businesses who are trying to balance time and money.

If you have negative audit findings or have paid fees for sales tax-related issues then you should contact our team at IRS Audit Group Newport Beach today! We can guide you to the best practices for addressing sales and use tax compliance. IRS Audit Group is a premier IRS tax resolution firm that strives to achieve results that exceed expectations through our commitment to our clients. Our tax attorneys handle all complex and sophisticated matters locally and nationally.

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IRS Ends Offshore Disclosure Initiative – IRS Audit Group Beverly Hills

The End of OVPD – The Internal Revenue Service’s Offshore Voluntary Disclosure Program or OVPD, which allowed United States taxpayers to voluntarily disclose previously undisclosed foreign accounts, assets, or income is coming to an end. The initiative waived the possibility of criminal prosecution for those that disclosed the ownership of such foreign accounts, assets and income through the program.

The OVDP was created in 2009 and will be ending almost a decade later in 2018. So far, more than fifty-six thousand taxpayers have made disclosures through the program. Over 11 billion dollars has been paid through a combination of back taxes, penalties and interest payments.

While the Program seemed like a success, the number of taxpayers utilizing the program has decreased year after year. In 2011, eighteen thousand taxpayers used the program, but in 2017 only six hundred did. With OVPD gone, those owning undisclosed foreign assets, accounts or income could face prosecutions. It has been reported that the Department of Justice, in charge of such prosecution, has received increase in its budget to investigate, enforce and prosecute those in violation of bank secrecy and tax laws.

Fresh State Initiatives While the Internal Revenue Service is ending the Offshore Disclosure Program, the agency’s Fresh Start Initiatives is still applicable. There are a couple of important things to note in the IRS Fresh Start Initiatives. The IRS Fresh Start program involves lessened tax liens, installment agreements and possible compromises for those with unpaid taxes. If you’re wondering, the IRS statute of limitations, that is the amount of time the Internal Revenue Service has to assess your tax return is three years.

Innocent Spouse Relief For those wondering about the IRS Innocent Spouse Relief Program, the Internal Revenue Service has information on their website. The program mainly boils down to three options for separating liability between you and your spouse that may be necessary depending on the circumstances.

It is important to note that while filing taxes jointly has certain advantages, both taxpayers are made liable for unpaid taxes, penalties, interest and errors. A spouse remains liable even after a divorce, even if the mistake was made involving the non filing of their spouses income. To quality for the innocent spouse relief program, you must be be able to establish that at the time of signing you were unaware of the error, that the error was solely that of your spouse and that it would be unfair to hold you liable for the unpaid taxes, penalties and/or interest.

Contact our team at IRS Audit Group Beverly Hills to learn more about such issues and to get the help you need today. Tax relief is easy, you don’t have to face the IRS on your own as it can be stressful and overwhelming – we are here to assist with all of your tax problems.

 

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Why You Should Choose IRS Audit Group of Beverly Hills

With the variety of tax preparers available at your service, choosing the right one is the essential step to financial stability. Thankfully, the IRS Audit Group of Beverly Hills includes certified public accountants, enrolled agents, and tax attorneys who are eager to provide professional tax service. We work with the Internal Revenue Service (IRS) on your behalf and handle all communications necessary to resolve any issues.

We want to make you feel comfortable, you are sharing a lot of personal information with us after all … from your income, family and work life and social security number. We don’t take this responsibility lightly. At IRS Audit Group in Beverly Hills, CA we strive to develop a long-term relationship so you can count on us to do more than just crunch numbers. IRS Audit Group is honest, reliable and capable of handling everything from individual returns to complicated tax disputes and corporate matters.

As professionals, we welcome your questions – we offer a free consultation to help get initial concerns out on the table prior to working on your account. Our firm is committed to helping taxpayers and relieving their stresses over taxes. Whether you found us through a simple “IRS Audit Group Beverly Hills” search or asked around for referrals, we guarantee the same great service to each of our clients.

With a variety of services that help you understand tax processes and avoid confusion, we are experts at handling event the most frustrating issues with the IRS. While we specialize in audits, there is nothing we can’t handle – from avoiding problems in the future to finally putting ongoing ones to rest.

We have over a decade worth of experience, here at IRS Audit Group, closing countless cases from tax preparations to audits and everything in between. It is hard to beat our level of skill, education and expertise. Give us a call or visit our office in Beverly Hills for a consultation. We look forward to hearing from you and helping you out of a difficult situation.

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IAG Tax Season

Upcoming Tax Extension Deadlines – Friendly Reminder From IRS Audit Group

If you are one of the many taxpayers who requested an extension from the Internal Revenue Service (IRS) on filing their taxes earlier this year then your time is almost up. A filing extension is an exemption made to both individual taxpayers and businesses that are unable to file a tax return by the due date (approx. every April 15th). Individuals must have completed and filed IRS Form 4868 by the regular date of their return, however, for an automatic six-month extension.

If you filed your return over 60 days after the due date or extended due date, the minimum penalty is about $135 or 100 percent of the unpaid tax. If you can show reasonable cause, you don’t have to pay a late-filing or late-payment penalty. In case you don’t have it highlighted on your calendar, we’re here to remind you of the following tax extension deadlines:

September 17, 2018

  • Third-quarter estimated tax payments due for 2017.
  • Final extension deadline to file S-corporation tax returns for 2017 (Forms 1120, 1120A, 1120S)

October 15, 2018*

  • Final deadline to file individual tax returns for 2017 (Forms 1040, 1040A, 1040EZ).
  • Final deadline to file C-Corporation tax returns for 2017.
  • Final deadline to partnership tax returns for 2017.

*Keep in mind that after Oct. 15, the IRS will no longer accept an electronically filed tax return. After this deadline, you must mail in your tax return in order for it to be processed.

We are hoping this gives you enough advance notice so you can get started on necessary preparation to meet these deadlines, don’t panic if you missed any of them or aren’t on track to get everything in order by then … simply contact our team at IRS Audit Group for immediate assistance. Schedule a free consultation to review your documents and determine the quickest solution to be sure you take action and resolve any outstanding matters.

While your chances of going to jail or facing an audit are slim, the IRS always prefers immediate action, whether you haven’t filed yet or still owe taxes. You may face financial penalties, however, including interest, but this can all be taken care of with an installment agreement. So if you’re worried about paying a lump sum in one sitting, the IRS offers alternative options that work for your budget, as long as you qualify.

Contact us if you are having any other issues with the IRS. We can help with countless services that involve tax problems throughout the country. With offices in Newport Beach and Beverly Hills, IRS Audit Group professionals are knowledgeable and experienced in assisting those who need additional guidance when filing taxes.

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How to Manage State Tax Audit and Pay Right Amount – IRS Audit Group California

State Tax Audit

You feel like you are out of your mind when you’re busy at work and you got an email for tax audit.  Or a stone-faced man with a dark suit and a big briefcase appears in the doorway.  This is a terrible situation you exactly don’t have receipts for everything.  Instead of facing California State Tax Audit solo, hire a private audit expert like IRS Audit Group California for your help, they can guide you step by step how to recover yourself from California State tax audit.

The reality is that companies in California get audited for any number of reasons, but it’s valid to wonder what makes some businesses more likely to be audited than others?

What can business owners do to prevent a California State Tax Audit?

The following list identifies key activities the IRS actively looks for and outlines some ways your business can prevent an examination:

#1: Keep Personal and Business Expenses Separate

 Entrepreneurs attest that there’s a level of uncertainty when drawing the line between expenses, tax law where the IRS aggressively enforces that all business owners keep business and personal spending separate.  Even if you’re startup it’s essential to split up business expenses and personal expenses.

#2: Provide Proper Documentation for Tax Credits

 While providing documents for the tax credit you may need the help of a tax audit experts like IRS Audit Group California to claim tax credits, as claiming tax credits is a detailed process involving meticulous record keeping and complex calculations.

This is one more reason to have a certified tax professional (IRS Audit Group California) on your side.  Even if you are 100% eligible for these credits, calculating the actual reduction to your tax liability can be tricky.  The IRS is used to finding errors in calculations, making them likely to scrutinize each claim even more thoroughly.

 

#3: File Your Payroll Tax Returns:

The IRS is particularly harsh in enforcing fines for late payroll tax reporting.

You must file payroll tax returns for all compensation to employees.  The amount reported as your total compensation expense for income tax returns should then match the amount reported for the payroll tax.  Consultants like IRS Audit Group California help you in this regard.

#4: Follow the Filing Rules in Every Place You Do Business

If your business (property, payroll, or sales) has a presence in a state, you should look at the filing requirements for that state.

While 100% of your income is included on your federal return, if you have sales, locations, or employees in multiple states, apportionment of your income is required to determine your liability in each one.

#5: File forms 5471 or 5472 for foreign business

 If your business has foreign activities or shareholders, you should be aware of the required forms based on your type of business (forms 5471 or 5472).  Failing to file or filing late can result in a $10,000 penalty perform, per year! IRS Audit Group California provides service in this regard.

#6: Make Charitable Contributions in Cash Instead of Property

The IRS requires proof for most charitable donations, whether in the form of cash or property.  While cash donations are easily documented by a check or receipt; non-cash items like furniture or equipment require documentation of fair market value and tax basis.

#7: Proofread, proofread, proofread

 Be careful about wrong or missing social security numbers, math mistakes, errors in figuring credits or deductions and forms that are not signed or dated.

If your business does get audited.  Remain calm and don’t forget to hire external tax audit professionals like IRS Audit Group California, as claiming your own tax audit by own is a kind of invite the tax audit to your home.  The reality of being audited is that it happens to the best of us and it does not need to mean the end of your business.

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How to Approach Sales Tax Audit – Tips from IRS Audit Group Newport Beach

Tax

To deal with budget shortfalls, state governments revenue agencies continue stepping up their efforts in raising revenue through sales tax audits.

You never ask for it, but you have been selected for and will be notified of a sales tax audit. At that point in time you may get confused – What should you do and what you should not? Most companies are not regularly audited by the state for sales and use tax purposes, so it is unlikely you have previously handled an audit. While the requested lists of records and documents that will be reviewed appear straightforward, there is much more to handling a sales tax audit. There are a lot of potential pitfalls during the interaction with auditors that may occur as you address the questions they typically ask.

Here are a few tips to Manage Your Sales and Use Tax Audit from IRS Audit Group Newport Beach. The best practices as listed below need to be considered in such situation.

Hire an external representative tax expert. IRS Audit Group Newport Beach has a pool of experts specializing in State Sales Tax matter. Once you are identified for audit, it is better to initiate communication with experts. They can discuss the audit process with you, provide some background on various sampling methods, and provide insights on specific industry issues targeted by the state. Also, make them aware of the initial schedules vs. revised schedules.
Ask your tax expert from if it is appropriate to perform a refund study or reverse audit at the same time to identify potential opportunities for refunds. IRS Audit Group Newport Beach can provide immediate solutions to such questions.
Do not engage in contingent fee arrangements on questioned items by the auditor unless you have already made the first pass. Otherwise, you may be paying them on reductions for errors made by the auditor or obvious exempt transactions.
If sales state tax auditors are doing a refund study/reverse audit, their fee should not be based on savings in periods outside the audit period. Their fee should always be based on offsets actually granted by the state. Payment should be made at the end of the audit, or a provision should be included to reverse any offsets not allowed.
A sales tax audit is not an ordinary occurrence. Therefore, you need to invest the proper efforts internally or with external assistance from experts like IRS Audit Group Newport Beach.

Lastly, be ready to play defence. Do not assume all questioned sales and purchases are taxable. Familiarize yourself with the regulations of your state with the help of expert advice from IRS Audit Group Newport Beach. Once you are convinced that questioned item should not be assessed, go ahead and challenge it. Also, understand any sampling techniques employed by the auditor, and be sure samples used are representative of your operations. If you have not experienced a sales tax audit before, and unfamiliar with your state’s regulations, or you have identified significant problem areas in your self-review, you may want to consider engaging a tax advisor to assist in your defence.

IRS Audit Group Newport Beach professionals are knowledgeable and experienced in assisting companies undergoing state sales and use tax audits as well as conducting overpayment reviews. Let IRS Audit Group Newport Beach help you navigate the audit landscape.

 

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Defending State Tax Audits – IRS Audit Group Beverly Hills

State Tax Audits

Getting an audit notice from the state department of taxation used to be a scary experience. The IRS isn’t the only government agency that can send you a notice about your taxes. Agencies such as the California State Tax Audit, and the Board of Equalization can also inquire about the taxes you filed. The law places the burden on you to demonstrate that your state income tax return information is correct.

It is always unpredictable when it comes to getting an audit notice or an examination by the IRS. However, plenty of help is available by contacting experienced tax relief attorney like IRS Audit Group Beverly Hills to deal with the taxation authorities on your behalf.

How the State Taxation determines and What State Taxation Authority looking for in a Tax Audit?

State Income tax audits are done primarily as office audits. State taxation authorities use tax audits to determine if you properly reported your income, deductions, exemptions, and credits in your income tax filing. They may request you to provide supporting records in person, on phone, or by mail to prove that your filing is correct.

Auditors cross-match state and federal return data verify that all income reported on information returns has been included on the state return, that deductions taken on the state return are valid, adjust based on audits conducted by the Internal Revenue Service, and conduct domicile investigations.

State Tax Audit Defence Lawyer from IRS Audit Group Beverly Hills
Being selected for a state tax audit is not necessarily an indication of any tax fraud. Even if you don’t have any unfiled tax returns, and are certain that all information you have provided to the state taxation authority is correct, still you may get audited. The state tax auditor seeks to uncover honest record-keeping mistakes, as well as possible tax fraud. It is important to understand that any information you provide to the state tax examiner can and will be used against you.

It is always a good idea to be represented by a tax lawyer provided by from IRS Audit Group Beverly Hills, who understands how to deal with the state taxation authorities in a tax audit.
As an experienced tax attorney from IRS Audit Group, Beverly Hills will explain the standard procedure in a state tax and also elaborate their process to verify the accuracy of a taxpayer’s returns.

Hence, protect your rights by being represented by a tax attorney from IRS Audit Group Beverly Hills, who understands your situation, as well as state and federal tax code. The first and the best thing you can do in the event of a state tax audit is to invoke your right to legal counsel before answering any questions or providing any documentation regarding your case.

What Happens if the State Tax Auditor Uncovers Items which you Cannot Substantiate?
Even if the state tax auditor determines that you owe back taxes (plus any interest payments or penalties that may have accrued), there are several avenues that your tax attorney from IRS Audit Group Beverly Hills can help you. Depending on the situation, your attorney can help you to set up a tax payment plan, negotiate an offer in compromise, seek a penalty abatement or currently not collectible status, or file a state tax appeal.

If you have received notice of examination or documentation from the state taxation authority informing you of your rights during the state appeals process, you should act quickly to obtain legal tax representation. Contact RS Audit Group Beverly Hills California for a free initial consultation today at 1-888-300-6670.

 

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Audit Defense, Assistance and Tax Representation. Suggestions from IRS Audit Group, Newport Beach

IRS Audit Defence

An IRS tax audit can be a big issue for you and your business if you have some tax problems.  A few important tax problems like IRS problems and Payroll tax problems can bring the attention of IRS tax audits.

So, what to do if you get audited?  Unfortunately, some unlucky people end up in getting audited.  Here are a few suggestions from IRS Audit Group, Newport Beach.

Seventy percent of audits are just a letter asking for more information about your tax returns, and you’re asked to mail back forms proving your income or deductions.  In other cases, you’ll get an invitation to meet with an agent to discuss your tax forms.  Most of the time the letter you get in the mail is just a simple request for information – the IRS just wants you to mail in your 1099 form, for instance, or they want to see receipts for the business meals you deducted.

If you’re trying to beat an IRS audit without a professional tax relief service, it is like committing suicide as the chance of winning the battle against IRS audit is very low.  There are more chances of a big crash in the battle.

Well there’s no need to panic, but there are certain steps you should take.

Don’t ignore the letter, ignoring the IRS is the worst possible thing you can do.  The situation won’t go away.

You’ll need to grant power of attorney to your audit representative, to let them handle everything while you stay home or doing your business peacefully.

The professional tax representation services form  IRS Audit Group, Newport Beach helps you in different issues like back taxes, unfiled tax returns, IRS wage garnishment, IRS bank levy etc.  The tax matters are very technical and need specialized technical knowledge about various tax issues.  The experts at IRS Audit Group, Newport Beach can get you IRS tax relief if you have any tax problems with back taxes, IRS tax debt, late filing, tax penalties etc.  They can bring you substantial tax relief with their expertise and experience.

That’s why you need not be panic if you can’t find the information they’re looking for, the Tax professional can advise you on your next move.  Tax professional s can help you with analyzing issues, finding appropriate solutions which would result in permanent resolution to your tax problem, thus peace of mind.

Our IRS Audit Group experts can help you to do better against an IRS audit.   IRS Audit Group, Newport Beach is a team of professionals experienced in the field of IRS tax controversy, tax problem resolution experts consist of tax attorneys, EAs (Enrolled Tax Agent Experts), CPAs.  They are experts and they already have the experience of handling various tax issues for different clients.  Handling an IRS tax audit is very simple for them.

IRS Audit Group located in Newport Beach and Beverly Hills, we also have an office in Greater Los Angeles with  15 plus years experience in representing to IRS.

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IRS Audit Group – Beverley Hills for Best Tax Resolutions – Five Important Tips on IRS Tax Audit

Before knowing the tips, let us understand what exactly IRS is and what they do? The IRS stands for “Internal Revenue Service” is a government agency of the Federal Government, and its main duty is to collect taxes.  Apart from this, the IRS performs various other related duties.

The IRS ensures that they process all the returns filed each year in order to improve, taxes payments, and issues refunds owed to taxpayers.  Thus, if your return has been set aside for assessment then you need to know tips in order to endure the proper follow up of IRS tax audit.  IRS Audit Group – Beverley Hills has compiled five tips for you now.

Featured article – Tax Audits: Understanding IRS and State Tax Audits

Why am I being audited?

If you are selected for IRS tax audit it does not mean there is a problem.  The IRS compares your tax returns against “norms” by computer screening.  But don’t delay to respond.  Now, here are five tips on IRS tax audit as suggested by IRS Audit Group – Beverley Hills.

  1. Responding to the Notice

First and foremost you should not ignore the notice letter instead respond to it within the given time.  If you take the audit notification letter for granted then you might end up paying more money than what was actually required.

If the audit notification letter specifies a field officer then you must call and contact them rather than arranging an office auditor in the home or place of business. If you are a resident of Beverley Hills, then you can take the service of IRS Audit Group.

IRS tax auidt

Featured article: IRS Audit – How far back can you be audited?

  1. Enquire the Reason for the Audit

The IRS must and should mention the reason in the notification letter as to why you are receiving this letter, and if you don’t really understand the script then you have every right for seeking clarifications.

You should be very careful about how you are asking questions and avoid all the situations that might bring up some other issue as they would be very precise in your words.  If something pops up which is outside the scope then they might look into that as well.

  1. Organize your documents well

Remember that the auditor from the IRS is just a person hired to perform that job and if you present all the necessary documents then their job will be easy and they need not go out to find a problem.  So, as soon as you receive the notification letter you need to organize all the paperwork which is relevant to your case and there are some bills or documents which might come handy, they are:
a) Earning statements like W-2 or 1099
b) Medical Bills
c) Internet bill receipts, etc.

  1. Hire a Representative

Sometimes when having a discussion with the IRS auditor you might get frustrated and it might end up in an angry manner so it is always better to hire a representative to talk on behalf of you to continue the talk in a professional manner and this could be a benefit.
In many cases, you can complete the form and your representative can attend the audit meeting for you.  If you are a resident of Beverley Hills, please be in touch with IRS Audit Group – Beverley Hills

  1. Know your rights

As an individual taxpayer, you have every right to ask questions during the trial.  So, while you disagree with certain statements put forward by the auditor, you must know your rights, the process and the law behind the deductions.  Becoming more aware of the rules and regulations will make it easier for you to complete the process.

The team at IRS Audit Group – Beverley Hills is available for your services at any time and please be in touch with IRS Audit Group – Beverley Hills.

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How Far Back Can The IRS Audit?

How Far Back Can the IRS Audit?

Wondering how far back the IRS can audit you? The Internal Revenue Code, Section 6501, provides the statute of limitations. A statute of limitation is a law that provides a maximum time in which the taxpayer and the IRS must, “initiate legal proceedings from the date of an alleged offense.” Therefore, how far back the IRS can audit you depends on the circumstances of the tax return.

According to the U.S. government, the IRS can request for returns filed within the last three years in an audit. Though the IRS typically does not audit for documents older than 3 years, if there is a significant error upon filing past returns, it is possible for the IRS asking for necessary documents.

The statute of limitations starts on the original due date of the tax return. The statute of limitations starts on April 15th of the year that the tax return was due. So, if you filed your 2013 tax return on April 15, 2014, then the IRS would have time until April 15, 2017, to audit it.  However, if you had requested an automatic extension and filed tax return on Oct. 15, 2014 then the IRS still has time until Oct. 15, 2017, to audit your return and assess any additional tax and penalties due.

Even if you do your best with your taxes, taxes are horribly complex, and you may be asked for more information on IRS collection. Make sure you keep all records to stay ready for any requests by the IRS. Here are a few tips form IRS Audit Group about tax laws that sets a time limit on IRS tax audits, and how far back the IRS can audit.

How far back can the IRS audit you?

Below are the three different time frames and descriptions of when each applies for the IRS to audit your tax return according to the analysis done by tax law professionals at IRS Audit Group:

3 Year Period:

This is the standard amount of time that the IRS has to legally audit tax returns.  This is the time period that applies if you do not fall into any of the two categories listed below.

6 Year Period:

If the income on the tax return was understated income by 25 percent or more, the statute of limitations to audit the return can be extended by another 3 years.  It is worth noting that the IRS doesn’t consider any amount as omitted from gross income if you disclose it in the tax return, or in a statement attached to it.

Unlimited Time Period

When there is a massive amount of tax understatement, the IRS legally has six years to confront the return. However, there are three exceptions which extend it to an unlimited time period.

In the event of one of the three exceptions, the IRS has an unlimited amount of time to audit and charge penalties and interest rates. Specifically, you may be subject to accumulate taxes, penalties and interest without any time limitation if one of the three exceptions apply:

  1.      The Taxpayer Filed a false tax return,
  2.      The Taxpayer attempted to illegally evade paying taxes
  3.      The Taxpayer Failed to file a tax return.

 

How Long Does IRS Audit Process Take?

An audit may seem like it takes an eternity. For some people, an audit will take longer than others. The IRS cannot determine exactly how long an audit will take; however, the IRS, too, is in favor of a speedy process. In other words, the IRS would like to get the procedure completed as soon as possible. Numerous items can prolong an audit — we suggest visiting the IRS website for a thorough elaboration, though, IAG has created a quick analysis on what may extend an audit process time.

Delaying by not providing

Not providing the IRS with the documents in time can lead to further issues with the IRS, and prolonging the audit process time. It is not recommended to delay the documentation simply buy some time.

Other reasons for a delay

An audit can likely lead to disagreements. And sometimes you may not be able to meet on time because of conflicting schedules. These conflicts are to be expected, and the IRS does attempt to work with the auditees to try and make sure that it runs smoothly.

Causing a delay is not a wise idea. This can upset the auditor, and one of the most important things to remember during an audit is that the IRS is a bold collection agency. They can freeze your accounts; garnish your paychecks; and take away property and assets. With all of the power they wield, to not delay. Instead, speak to a certified tax professional to know more about an extension period.

Disagreement On How Far Back The IRS Can Audit

Disagreements are normal, and it is likely that the auditee and the auditor may not agree on certain aspects of a return or findings. IRS Audit Group has tips on how to treat a disagreement assertively.

How to handle a disagreement

If you do not agree with the findings in an IRS audit, one can request mediation and to speak with an IRS manager. It is even possible to appeal the findings. However, this may only be possible if it is still within the statute of limitations because, as mentioned above in How Far Back Can the IRS Audit?, it can depend on how far back the IRS can audit you. But first, IRS Audit Group we advise to consult with a tax attorney beforehand. To learn more, speak to a tax attorney or consultant at IRS Audit Group.

It can get worse

What happens if you do not comply with the IRS’ notices? The problem remains, and interests and penalties may accrue — in short, a delay. Disagreements in how to handle a certain deduction or how to handle incoming funds can delay things further. It is possible that these disagreements would require the auditee and the IRS to go to tax court. We highly recommend to not resort to these methods, or go to tax court without proper representation and consultation. Regardless, as a taxpayer or auditee, it is imperative to know and fully understand Your Taxpayer Rights.

Learn More

If you are still unsure, do not hesitate to reach out for help. If you have more questions regarding taxes, and IRS audits, contact us. Our knowledgeable operators will connect you to a competent tax attorney at IRS Audit Group offices in Beverly Hills or Newport Beach. Regardless the tax situation, we will help resolve your tax matters assertively, efficiently, and responsibly. We serve customers nationwide.

 

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IRS Audit Group

Tax attorney in Beverly Hills, California

468 N Camden Dr #200,
Beverly Hills, CA 90210, USA

Call: +1 888-300-6670

Hours

Sunday8:00am-5:00pm Monday8:00am-10:00pm Tuesday8:00am-10:00pm Wednesday8:00am-10:00pm Thursday8:00am-10:00pm Friday8:00am-10:00pm Saturday8:00am-10:00pm