Expatriate Tax Audits 1-866-700-1040
We are a professional tax firm specializing in Expatriate Tax Representation.
Call us for a free tax consultation. 1-866-700-1040. Speak DIRECTLY to a tax professional.
Let us take the worry and fear out of IRS. Let our years of experience be your best friend. We know how to fight back and win.
We are a specialty tax firm comprised of Board Certified Tax Attorneys, CPA’s and Former IRS agents and managers.
We have over 60 years with the IRS in the local, district and regional offices. We have over 205 years of professional tax experience.
If you are expecting a IRS tax audit or you will owe back taxes, call us for a no cost professional tax consultation. Should you owe back taxes to the IRS we will review the possibility of a IRS tax debt settlement called an offer in compromise.
We taught Tax Law at the IRS
How the IRS Selects Tax Returns for Examination
The IRS selects returns using a variety of methods, including:
1.Potential participants in abusive tax avoidance transactions.
Some returns are selected based on information obtained by the IRS through efforts to identify promoters and participants of abusive tax avoidance transactions. Examples include information received from “John Doe” summonses issued to credit card companies and businesses and participant lists from promoters ordered by the courts to be turned over to the IRS.
2.Computer Scoring. The IRS computer system has kicked out your tax return.
Some returns are selected for examination on the basis of computer scoring. Computer programs give each return numeric “scores”. The Discriminant Function System (DIF) score rates the potential for change, based on past IRS experience with similar returns.
The Unreported Income DIF score rates the return for the potential of unreported income. IRS personnel screen the highest-scoring returns, selecting some for audit and identifying the items on these returns that are most likely to need review.
3. Large Corporations( over 5 millions dollars.)
The IRS examines many large corporate returns annually.
4.Information Matching.
IRS examines over 1.4 million taxpayers through this form of audit.
Some returns are examined because payer reports, such as Forms W-2 from employers or Form 1099 interest statements from banks, do not match the income reported on the tax return.
5. Related Examinations.( because they found errors on related tax returns to yours)
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 examination.
6. Specialized Programs
Area offices may identify returns for examination in connection with local compliance projects. These projects require higher level management approval and deal with areas such as local compliance initiatives, return preparers or specific market segments.
Expatriate Tax Audits, Owe Back Taxes, Settlements, Offer in Compromise – IRS Tax Experts
Call us today for a no cost professional tax consult. 1-866-700-1040.
