List the points of disagreement and the reasons why you disagree with the changes proposed by the IRS in the review (audit). What do I do if I don't agree with the results of the IRS audit? Well, many taxpayers resist the findings of the IRS audit by filing and winning an appeal with a tax lawyer. However, taxpayers must follow the rules to avoid complications with the Internal Revenue Service, especially when it comes to resolving debts or back taxes. Let's discuss how to fight against the findings of the IRS audit to improve your knowledge.
Receiving a notice from the IRS in the mail stating that your account has been selected for a tax audit can be a stressful experience for anyone. If you consult an IRS auditing lawyer early in the auditing process for tax help, you are more likely to save money on tax expenses and avoid the severe penalties that can result from discrepancies in tax returns. Before involving the IRS in a tax audit battle, thoroughly analyze the advantages and disadvantages. If the IRS detects a discrepancy in the federal tax return filed by a taxpayer, it can issue a tax audit to determine if the details stated are correct.
While there are some situations in which licensed public accountants are the professionals most qualified to offer tax advice, when it comes to tax audit defense, tax auditing lawyers are the best equipped option to provide services that can help taxpayers protect their finances. Generally speaking, the IRS has three years from the filing date to audit you, so it's good practice to keep all of your tax documents for at least this time. The letter will also carefully address each concluding question that the IRS indicated in its audit letter, provide all documentation attached to your letter, and request a date and time to meet and resolve the concluding issues. IRS audit lawyers are valuable to taxpayers facing an audit because they are experts who specialize in knowledge of tax law, have experience evaluating IRS audits for taxpayers from a variety of situations, can protect the rights of clients in areas they may not have known, and can legally represent their clients in court.
It's always beneficial to have a tax lawyer on your side in the case of a tax audit, but in the event that the audit produces unfavorable results, having an experienced professional to offer you guidance can help you reduce the financial burdens that represent the outcome of your audit case. If you don't respond to your IRS audit letter within the allotted 30 days, respond late, don't respond at all, or don't respond correctly because you didn't contact a tax lawyer, in most cases, the IRS will reject the items in question from your tax return and send you an invoice, plus any penalties and interest accrued as of the filing date. It took many months for the IRS to audit my return, and the audit itself took a long time. Group managers encourage examiners at IRS offices to close exams quickly, preferably right at the end of the first audit interview.
If you receive an audit letter from the IRS, contact a qualified tax lawyer to help you deal with this situation head-on and get the best outcome. Another essential characteristic that a taxpayer should look for in an IRS auditing lawyer is their experience in helping clients through the tax audit process and achieving positive results. Even if you're sure that you're up to date on filing your federal income tax returns and that your reported income is correct, you may feel more comfortable seeking professional representation, such as an IRS auditing lawyer, to provide guidance throughout the tax auditing process. Consulting with this type of tax professional even before the auditing process begins can be beneficial in helping you understand your options regarding the auditing process and ensuring that the preparation of your tax documents is carried out properly.