HAVE AFFORDABLE FORMER IRS AGENTS, MANAGERS GIVE YOU THE IRS AUDIT PROTECTION YOU NEED.
We know the system.
We are a local South Florida tax firm that has been representing taxpayers in South Florida since 1982.
On staff are Former IRS Auditors, Audit Managers and Audit Instructors.
We are A+ rated by the Better Business Bureau.
We are a team of tax attorneys, certified public accountants, and former IRS agents and managers who worked right here out of the local South Florida IRS offices.
We have a cumulative 206 years of professional tax experience in over 60 years of working right here in the South Florida IRS offices.
Being Former IRS Agents and Managers we can tell you, it is not in your best interest to represent yourself during a IRS audit and we should know.
When an IRS agent finds a taxpayer by themselves in a tax audit they pretty much can do whatever they feel because after all they are the law.
Most taxpayers do not know that they have rights during an IRS tax audit and to go in up unrepresented is foolish.
Keep in mind that an IRS agent has the right to expand the tax audit beyond the scope of the initial paperwork sent to the taxpayer and many times tax professionals can keep the IRS from going much deeper into a taxpayer or companies tax return.
I should also say 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.
When many people come into my office and I see there is absolutely nothing wrong with their tax return, and I find that the IRS’s just conducting a random audit, I recommend in those cases taxpayers should go and by themselves and avoid professional tax fees.
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. Each taxpayer usually knows the depth and scope of their own tax return and whether the IRS has true audit potential.
Facts of IRS Audits
The Internal Revenue Service audits 1.03% of all tax returns filed.
I would not recommend you play the IRS lottery game because of your tax return false out of the national standards you have an excellent chance of being audited by the Internal Revenue Service.
- 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.
What is an IRS 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.
How far back can the IRS go to audit my return?
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.
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.
Why does the IRS audit tax returns, what are the IRS audit triggers?
- National Research Program
The National Research Program (NRP), one of the top workload priorities, is a comprehensive effort by the IRS to measure compliance for different types of taxes and various sets of taxpayers.
The NRP approach to measuring reporting compliance balances research quality, efficiency, and the reduction of taxpayer burden.
It establishes a tax return sample that is representative of the taxpayer population. NRP uses case building data to determine if the return should be considered accurate as filed.
- Abusive Transactions and Technical Issues
The promoter workload for the Area is developed and perfected by the Lead Development Center (LDC) from leads surfaced by the field or other sources.
The LDC reviews and approves promoter investigations and assigns a tracking code to each investigation. The participant lists of approved promoter investigations are reviewed and filtered by the Abusive Transaction List keeper.
- High Income/High Wealth Taxpayers
The high income high wealth taxpayers workload is pre-identified at a national level from several specific selection models. These cases are shipped to the Area PSP for assignment to the field examination groups.
- High Income Non-Filers
The high income non-filer (HINF) workload originates from various sources. Criteria has been established for:
1. High risk schedule C cases
2. Cases with fraud indicators
3. Cases referred from Area offices
4. Cases with flow-through K-1 income
5. Any leads received in the Area during the year that meet the HINF criteria will be forwarded to the Brookhaven Campus for filtering and case building.
- Discriminant Index Function (DIF) Overview
These formulas were developed based on available NRP data. Each return measured under DIF receives a DIF score. Generally, the higher the score, the greater the audit potential. The highest scored returns are made available to Examination upon request.
DIF mathematical formulas are confidential and for official use only. The DIF score assigned to a return should not be disclosed.
- Types of DIF Returns
The following types of returns are computer scored under the DIF System:
1. Individual
2. Corporation
3. S Corporation
4. Partnership
5. Fiduciary
If you are going through an IRS tax audit and need help with IRS tax audit defense it only makes sense to hire former IRS agents who worked at a local South Florida IRS offices call us today for free initial tax consultation.
Hollywood, Hallandale – IRS Tax Audit Defense, Representation Affordable Experts, Local
