IRS Individual, Business, Corporate Tax Audits – Affordable Tax Audit Experts – Miami, Ft.Lauderdale, Palm Beaches

May 17, 2013
Written by: Fresh Start Tax

 

IRS Individual, Business, Corporate Tax Audits – Affordable Tax Audit Experts – Miami, Ft.Lauderdale, Palm Beaches    954-492-0088

 
 
Trust your audit experience to former IRS agents, managers, and tax instructors who taught tax law at the Internal Revenue Service in the local South Florida IRS offices.
If you have received an IRS tax audit notice on individual, business or corporate tax return contact us today and speak directly to affordable IRS tax audit experts.
We have over 206 years of professional tax experience in over 60 years working directly for the Internal Revenue Service in the local South Florida the district, regional tax offices of the Internal Revenue Service.
We have worked in South Florida since 1982 and have an A+ rating by the Better Business Bureau. We offer free initial tax consultations. Come and visit us so we can explain how we can help you during your individual, business, corporate IRS tax audit. We are the affordable tax audit experts.
We have worked as former IRS agents who audited tax returns and worked in the Appellate Division’s. We know every aspect of IRS tax audits.
We know why you are audited and how to avoid audits in the future. We are a wealth of information for clients.
As a result of our years of  IRS Audit experience we know all the tax formulas, tax statistics, tax policies, and the IRS individual, business, and corporate tax strategies when the IRS audits tax returns.
Let our years of IRS audit experience work for you. We will assure that you pay the lowest amount allowed by law.
 
 

IRS Audit Selection for individual, business and corporate tax audits

 
 
Selecting a tax return for a IRS audit does not always suggest that an error has been made.
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.

 
 

IRS Tax Audit Methods

 
An 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 (office audit) or at the taxpayer’s home, place of business, or accountant’s office (field audit).
The IRS will tell you what records are needed. Audits can result in no changes.
Keep in mind if you do not like the results of your IRS tax audit for your individual, business or corporate tax return you can always file an IRS appeal.
 
 

What Can Appeals Do for You?

 
Many of the different departments within IRS are responsible for making decisions concerning the application of tax law to various taxpayer issues.
In some cases, agreement on these decisions, or determinations, cannot be reached. In other words, the taxpayer does not agree with the determination.
This is where Appeals comes in. Appeals is independent of any other IRS office and serves as an informal administrative forum for any taxpayer who disagrees with an IRS determination.
Appeals provides a venue where disagreements concerning the application of tax law can be resolved on a fair and impartial basis for both the taxpayer and the government.
The mission of Appeals is to settle tax disagreements without having to go to the Courts and a formal trial.
 
 

The IRS news on IRS tax audits and other matters

 
 
The Internal Revenue Service delivered a strong year for taxpayers during FY 2012, maintaining key service and enforcement priorities despite a number of challenges.
 
In the enforcement area, audits of individuals topped 1 million for the sixth year in a row, with a 1.03% coverage rate out of all tax returns filed.
 
IRS Tax  Audits in the upper income ranges remained substantially higher than other categories.
The IRS increased examinations across all categories of business returns by more than 12% in FY 2012, with the largest increases coming in audits of flow-through entities, which include partnerships and Sub-chapter S corporations.
Rates exceeded 20% for the largest corporations.
The IRS collected more than $50 billion in enforcement revenue in FY 2012, the third year in a row topping that figure. The 2012 numbers were lower than 2010 and 2011, which were unusual years with enforcement dollars helped by large numbers of offshore tax cases coming in.
More than 38,000 disclosures of offshore accounts have been made to date through the IRS’ offshore voluntary disclosure programs.
In addition, the economic slowdown contributed to lower enforcement figures, as most enforcement dollars collected resulted from audits of returns for years during the slowdown.
Another factor behind the FY 2012 numbers reflected changes in agency staffing and budget resources. After a nearly flat budget in FY 2011, the IRS’ FY 2012 budget was reduced by $305 million.
This reduction affected the level of staffing available to deliver service and enforcement programs.
Overall full-time staffing has declined by more than 8% over the last two years, and staffing for key enforcement occupations fell nearly 6% in the past year.
Also in FY 2012, the IRS continued to confront the challenge of refund fraud caused by identity theft. The IRS more than doubled the number of staff dedicated to preventing refund fraud and assisting taxpayers victimized by identity theft, with more than 3,000 employees working in this area.
As a result of these increased efforts, the IRS in FY 2012 was able to prevent the issuance of more than 3 million fraudulent refunds worth more than $20 billion, an increase from approximately 1.8 million refunds worth about $14 billion the previous year.
On the service side, the IRS saw continued strong growth in electronic filing by individuals, as the e-filing rate in FY 2012 exceeded 80% for the first time.
Taxpayer interest in online interactions continued to increase as well, with web page visits on IRS.gov up nearly 17% to 372 million.
 

IRS Individual, Business, Corporate Tax Audits – Affordable Tax audit Experts – Miami, Ft.Lauderdale, Palm Beaches

 
 
 

Filed Under: IRS Tax Audit

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