An IRS Tax Audit can be one of the most frightening situations an individual or business can face. Frequently the Taxing Authority Personnel has a distinct advantage because the average individual doesn’t know enough tax law to defend themselves against an audit.
If you’re audited by the Taxing Authority Personnel this year, you wouldn’t be alone. In 2013, some 1.86 million individuals were audited by them, or about 1.5 percent of all taxpayers. Statistically, the Taxing Authorities Audit very few tax returns. Most tax returns singled out by the Taxing Authority Personnel for audit contain either: tax deductions that appear to be too high in relationship to the person’s income; tax items that are erroneous; tax items that require proof or an explanation; or are on the IRS’ list of hot tax issues.
It is common that the Taxing Authority Audit tax returns effectively, and the Taxing Authority Personnel put a general fear in all taxpayers of being audited to encourage voluntary compliance with the income tax laws. The U.S. tax system depends on voluntary compliance.
Our practice has years of experience defending taxpayers in their audits. Each case is handled individually, and analytically reviewed and prepared for by an experienced CPA. Our expertise is a result of or years of experience defending our clients against the Taxing Authority Personnel.