IRS Audit Notice – Tax Help – Best Results
We are a local South Florida tax firm that has been representing clients since 1982 right here in South Florida.
We have over 206 years of professional tax experience and over 60 years of combined work experience right here in the local South Florida IRS offices.
We are one of South Florida most affordable and experienced professional tax firms for IRS Audit Notice Tax Relief.
If you have a squeaky clean tax return and no skeletons in the closet I see no reason at all why you cannot represent yourself during an IRS tax audit. IF NOT………….
You only call a tax professional when you receive an IRS audit notice and truly need tax help because you are not sure some of the issues on your tax return.
Do not find yourself going through a tax audit without professional and experienced tax help.
I should know, I am a Former IRS Agent.
Facts about IRS Audits
The Internal Revenue Service audits 1.03% of all tax returns filed. Yes, one out a hundred tax returns are audited.
If you have just received an IRS audit notice contact us today and get the professional tax help you need.
We are the affordable tax firm.
We provide expert IRS Audit Notice Help.
Nationwide Tax Audit Numbers
Nationwide the IRS audits 1.5 million tax returns per year.
359,000 are actually audited by local IRS agents and rest are by mail or correspondence tax audits.
IRS collects $10.2 billion a year as a result of IRS audits by field agents and $5.2 billion a year by document matching programs.Auditing tax returns is big business for Uncle Sam.
What is an IRS tax audit?
An IRS audit is a review, examination of an organization’s or individual’s accounts and financial information to ensure information is being reported correctly, according to the tax laws, to verify the amount of tax reported is accurate.
IRS has quotas to fill for IRS tax audits.
The Tax Audit Selection Process
Selecting a return for audit does not always suggest that an error has been made.
Tax Returns are selected using a variety of methods including:
- Random selection and computer screening , sometimes returns are selected based solely on a statistical formula.
- Document matching, when payor records, such as Forms W-2 or Form 1099, don’t match the information reported.
- Related examinations, returns may be selected for audit when they involve issues or transactions with other taxpayers, such as business partners or investors, whose returns were selected for audit.
Sometimes tax returns are audited because spouses and ex-employees report findings to the Internal Revenue Service.
IRS Tax Audit Methods
A IRS audit may be conducted by mail or through an in-person interview and review of the taxpayer’s records.
The interview may be at an IRS office or at the taxpayer’s home, place of business, or accountant’s office.
The IRS will tell you what records are needed.
IRS Audits can result in no changes or changes.
Any proposed changes to your return will be explained in writing.
IRS Audit Notification
Should your account be selected for audit, you will be notified in two ways:
1. By mail, or
2. By telephone
In the case of a telephone contact, the IRS will still send a letter confirming the audit.
What are your Rights During an IRS Tax Audit
These taxpayer rights include:
1. A right to professional and courteous treatment by IRS employees.
2. A right to privacy and confidentiality about tax matters.
3. A right to know why the IRS is asking for information, how the IRS will use it and what will happen if the requested information is not provided.
4. A right to representation, by oneself or an authorized representative.
5. A right to appeal disagreements, both within the IRS and before the courts.
The IRS Audit Length
The length of each audit varies depending on the type of audit, the complexity of items being reviewed, the availability of information being requested, the availability of both parties for scheduling of meetings and your agreement or disagreement with the findings. as a general rule if you are scheduled for office audit those can last from week to three weeks.
Sometimes if an IRS revenue agent is auditing your tax return it can take anywhere from a month to a year.
Tax Records Needed for the IRS Tax Audit
You will be provided with a written request for specific documents needed.
The IRS always sends out a written detail called the doc request. that allows the taxpayer to know the issues and the information the auditor wants to review. It is wise for you to have all the information they request.
The law requires you to retain detailed records used to prepare your return.
Those records generally should be kept for three years from the date the tax return was filed.
The IRS does accept some electronic records. Depends on the Agent and scope of the Audit.
If records are kept electronically, the IRS may request those in lieu of or in addition to other types of records. Contact your auditor to determine what can be accepted to ensure a software program is compatible with the IRS’s.
IRS Tax Audit Determinations
An audit can be concluded in three ways:
1. No change:
An audit in which you have substantiated all of the items being reviewed and results in no changes .Great news here.
2. Agreed:
An audit where the IRS proposed changes and the taxpayer understands and agrees with the changes.
3. Disagreed:
An audit where the IRS has proposed changes and the taxpayer understands, but disagrees with the changes.
What Happens When You DISAGREE with the Audit Findings?
A conference with a manager may be requested for further review of the issue or issues. In addition, Fast Track Mediation or an Appeal request may be filed.
You can call or come by our offices today and we will be happy with you to discuss the scope of your IRS audit.
When you come in our offices or call us you will speak directly to a tax attorney, certified public accountant, or former IRS agents will evaluate your case.
Stop the worry.
Let true professionals and affordable professionals give you the best advice and best practice advice when you receive an IRS audit notice
Areas of Professional Tax Representation
On staff, Board Certified Tax Attorney’s, IRS Tax Lawyers, Certified Public Accountants, Enrolled Agents,
Full Service Accounting Tax Firm,
We taught Tax Law in the IRS Regional Training Center
Former IRS Agents, Managers and Instructors with over 60 years experience in the local, district and regional IRS offices.
Highest Rating by the Better Business Bureau “A” Plus
Fast, affordable, and economical
Licensed and certified to practice in all 50 States
Nationally Recognized Veteran /Published Former IRS Agent
Nationally Recognized Published EZINE Tax Expert
As heard on GRACE Net Radio.com – Monthly Radio Show-Business Weekly
Areas of Professional Tax Practice:
Same Day IRS Tax Representation
Offers in Compromise or IRS Tax Debt Settlements
Immediate Release of IRS Bank Levies or IRS Wage Garnishments
Tax Relief from a IRS Bill, Letter or Notice of “Intent to Levy”
IRS Tax Audits
IRS Hardships Cases or Unable to Pay
Payment Plans, Installment Agreements, Structured agreements
Abatement of Penalties and Interest
State Sales Tax Cases
Payroll / Trust Fund Penalty Cases / 6672
Filing Late, Back, Unfiled Tax Returns
Tax Return Reconstruction
Release of IRS Bank Levies or IRS Wage Garnishments
Tax Relief from a IRS Bill, Letter or Notice of “Intent to Levy”
IRS Tax Audits
IRS Hardships Cases or Unable to Pay
Payment Plans, Installment Agreements, Structured agreements
Abatement of Penalties and Interest
State Sales Tax Cases
Payroll / Trust Fund Penalty Cases / 6672
Filing Late, Back, Unfiled Tax Returns
Received IRS Audit Notice, Tax Help, Best Results, Use Former IRS Agents – Miami, Ft.Lauderdale, Palm Beaches