When confronted with an audit, it’s important to think about the sort and opportunity factors at the rear of it even though working with a tax lawyer to arrange a sturdy defense. The Tax Legislation Workplaces of David W.
Should you think that the IRS has misinterpreted the specifics or laws relevant to your situation, submitting a tax courtroom petition is usually a feasible avenue. Our attorneys can efficiently guidebook you thru this process, which typically leads to a reduction of tax penalties and fascination that drastically outweighs the cost of the appeal / litigation, or We are going to propose against it. Typically, the procedure entails an unbiased assessment by an appeals officer who wasn’t A part of the initial audit.
Comprehending the assorted forms of IRS audits you’re going through can offer insight in the potential severity of your situation. The 3 Most important varieties of IRS audits incorporate:
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Upon the conclusion on the audit, the IRS will get all or any of the following steps, which could vary from assessing more taxes, penalties, and interest to refunding overpaid taxes. In rare instances, there is likely to be a ‘no alter’ audit. Should you disagree Along with the audit findings, two solutions lie forward. You are able to both accept the IRS’s proposal, or if you believe they have misunderstood the regulation or even the facts of your respective situation, you could perform with a tax attorney to file a tax court docket petition. We'll provide you with a considerable prospect of strengthening your situation, if we come to feel the regulation and the read more points are on your facet.
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