Ft.Lauderdale – IRS Tax Audit Representation Help, Former Local IRS Agents, Managers – Audit Experts 954-492-0088
If you are going to be experiencing a IRS tax audit it only makes sense to hire former IRS agents, managers. and tax instructors who worked right here in the local South Florida IRS offices.
We have over 60 years of working for the Internal Revenue Service in the local South Florida IRS offices.
We have worked in all positions at the Internal Revenue Service including but not limited to IRS auditors, revenue agents, and IRS tax audit supervisors.
As a result of our years of experience we can help ease the pain and difficulties of an IRS tax audit and provide you some of the finest tax representation that South Florida can offer. I should also comment there are many fine and outstanding firms for IRS tax audit representation.
We have an A+ rating by the Better Business Bureau and have been in private practice since 1982 right here in South Florida.
If we can help you, contact us for free initial tax consultation and we can walk you through the process and evaluate your case.
So if you are looking for IRS tax audit representation call former local agents who know all the protocols, all the systems in all the settlement formulas to get you the very best results possible.
Some commonly asked questions for a IRS Tax Audit
Does filing an amended return affect the return selection process?
Filing an amended return does not affect the selection process of the original return. However, amended returns also go through a screening process and the amended return may be selected for audit. The last thing you want to do is to file an amended return right before the tax audit because it will make the agent very suspicious.
Why was my return selected for IRS Tax audit?
- When returns are filed, they are compared against “norms” for similar returns. The “norms” are developed from audits of a statistically valid random sample of returns.
- These returns are selected as part of the National Research Program which the IRS conducts to update return selection information.
- The return is next reviewed by an experienced auditor.
- At this point, the return may be accepted as filed, or if based on the auditor’s experience questionable items are noted, the agent will identify the items noted and the return is forwarded for assignment to an examining group.
- Upon assignment to a group, the return is reviewed by the manager. Items considered in assigning a case are: factors particular to the area such as issues pertaining to construction, farming, timber industry, etc. that have specific factors and rules that apply. Based on the review, the manager can accept the return or assign the return to an auditor. The assigned auditor again reviews the return for questionable items and either accepts it as filed or contacts the taxpayer to schedule an appointment.
Where will the IRS tax audit be held?
It depends on the type of audit being conducted.
Audits by Mail/Correspondence Audit.
Some IRS tax audits are conducted entirely by mail.
a. If the audit is conducted by mail, you will receive a letter from the IRS asking for additional information about certain items shown on the tax return such as income, expenses, and itemized deductions.
b. In-Person Audits are audits conducted either at a local IRS office or at your business location.
Can you request the IRS tax audit be conducted at the IRS office instead of at your place of business?
If the audit has been scheduled to be conducted at your location, it will generally be conducted where the books and records are located.
Requests to transfer the audit to another location, including an IRS office, will be considered but may not be granted. Treasury Regulation 301.7605-1(e), Time and place of audit, discusses the items considered when a request for a change in location is made.
Can the audit be transferred to another IRS office?
You can request a transfer of an audit if you have moved. Several factors will be considered such as your current location, the location of the business and where the books and records are maintained.
If the audit is by correspondence, you can request a face-to-face audit because the books and records may be too voluminous to mail.
How long should the records related to a business or other long-term asset be kept?
In the case of an asset, records related to the asset should generally be kept for as long as you have the asset plus three years.
If the asset was exchanged, the basis for the new asset may include the exchanged asset so the records for both assets will need to be retained until the new asset is disposed plus three years from the file date of the tax return for the year of disposition.
How far back can the IRS go to audit my return?
Generally, the IRS can include returns filed within the last three years in an audit. Additional years can be added if a substantial error is identified. Generally, if a substantial error is identified, the IRS will not go back more than the last six years.
The IRS tries to audit tax returns as soon as possible after they are filed. Accordingly most audits will be of returns filed within the last two years.
If an audit is for an older year, you may be requested to extend the statute of limitations for assessment of your tax return. The statute of limitations limits the time allowed to assess additional tax. The statute of limitations is generally three years after a return is due or was filed, whichever is later.
There is also a statute of limitations for making refunds.
If the audit is not resolved and the statute of limitations date is nearing, you may be asked to extend the statute of limitations date. This will allow you additional time to provide further documentation to support your position, request an appeal if you do not agree with the audit results, or to claim a tax refund or credit.
It also allows the IRS time to complete the audit and provides time to process the audit results.
You do not have to agree to extend the statute of limitations date. However, if you do not agree, the examiner will be forced to make a determination based upon the information they currently have.
Therefore, the examiner may not be able to consider additional adjustments, such as expenses, that could lower the amount of tax due.
Contact us today for initial tax consultation.
Ft.Lauderdale – IRS Tax Audit Representation Help, Former Local IRS Agents, Managers – Audit Experts