How does the IRS select which returns to audit each year? What is the IRS Discrimination Function System (DIF) and what additional factors increase your likelihood for an IRS audit? What are some of the primary IRS audit targets and what should you do if you are contacted for an...
The IRS is Cutting 7000 Jobs – Are We all Free of Audit Concerns Now?
The IRS has announced that it is cutting 7000 jobs in 3 centers. Does this mean we are all free of audit concerns now? Well, like any well crafted business contract you have to read the fine print! The IRS will be reducing its workforce by 7,000 employees through planned...
IRS Audits Focused on Small Businesses with Questionable Tactics
According to recently released information, the news source noted a significant increase in IRS audits focused on small businesses targeting $200,000 to $400,000 income rages. The IRS has been accused of some very questionable tactics as they attempt to gather information to show that small businesses are under-reporting income, especially income...
What Impact will IRS Impeachment Hearings Have on San Diego IRS Audits?
There is considerable energy on capital hill to impeach the commissioner of the Internal Revenue Service (IRS) John Koskinen. Mr. Koskinen was brought in to replace Daniel Werfel after he and a subordinate, Lois Lerner, were forced resign after substantiated allegations that the IRS had inappropriately targeted members and organizations associated...
IRS Audit Brings Many Challenges
An IRS audit brings many challenges to a US taxpayer. Here in San Diego, the IRS revenue officers or auditors are extremely aggressive. The first challenge for our clients is to remain calm. The IRS Notification of Audit letter is sure to make most hearts miss a beat. However, the...
The IRS has Begun Data Mining for Offshore FBAR Audit Targets
It's official. The FBAR audit warnings and IRS data mining you've been reading about in this space for the past several years have been confirmed by the Wall Street Journal (WSJ): U.S. Mining Swiss Bank Data to Find Tax Cheats It wasn't a question of "if" it was a question...
How Can an Experienced San Diego IRS Audit Attorney Help You?
One of the first questions a taxpayer will ask themselves after receiving a "Letter of Notification" from the IRS regarding an audit is "Do I need an attorney?" How can an experienced San Diego IRS audit attorney help you, and is it worth the money it may cost? The first...
How was the IRS Audit Window Recently Expanded from 3 Years to 6 Years?
How was the IRS audit window recently expanded from 3 years to 6 years? What changes provided the IRS with more power to go back into prior year's returns than ever before? The standard IRS statute of limitations for an IRS audit was considered to be 3 years. The key...
What to do if You Receive an IRS Audit Notice in San Diego
What should you do if you receive an IRS audit notice in San Diego and how can you best protect your interests? The first step is to download our free white paper "What to Expect from an IRS Audit." This helpful guide takes you through the process of an IRS...