Us taxpayers need to understand how to avoid costly mistakes in an IRS audit or California tax audit. Unfortunately, many of the most expensive mistakes US taxpayers make when facing an IRS audit come from their own good nature and integrity. For example, the IRS has developed a new audit strategy which is specifically designed to take advantage of the good intentions of US taxpayers: a letter requesting additional information. If you receive a letter from the IRS requesting “clarification” or additional information concerning your tax return or a notification of intent to audit contact us immediately or call 866-631-3470 for a free consultation. We also invite you to download our free guide What to Expect from an IRS Audit which provides important insights into both the process of an IRS audit as well as mistakes to avoid.
We help you to understand how to avoid costly mistakes in an IRS audit while reducing their not only your exposure but ultimately the amount of the check they may have to write to the IRS at the end of your audit. The most important IRS audit mistake to avoid is simple: Don’t contact the IRS or respond to any informational request without contacting Allen Barron for a free consultation at 866-631-3470. You are not required by law to speak directly with the IRS. The vast majority of US taxpayers provide far too much information to the IRS in response to the agency’s request for additional data. The IRS then uses this information against you to expand the scope of the IRS audit and the amount of tax you will owe at the end. You should always speak with an experienced Allen Barron tax attorney prior to responding to the IRS.
It is vitally important to understand the virtually unlimited powers of the IRS. They have the ability to “levy” or seize all of the money in your accounts, shut down your business, put a lien against your home and garnish your wages. It is also important to understand the IRS often makes mistakes. However, the burden of proof is on you, the taxpayer, not upon the IRS. Taxpayers on their own do not have the power to stand up to the IRS. You do not know US tax codes and Generally Accepted Accounting Principles (GAAP). The IRS often disallows legitimate deductions or simply assess penalties and interest when none should be owed. Allen Barron’s experienced and proven tax attorneys stand up to the IRS on behalf of our clients. We help them to learn how to avoid costly mistakes in an IRS audit and represent them aggressively. Our clients appreciate the peace of mind the results from not having to go through the emotional impact and worry of an IRS audit on their own. They never even have to speak directly with the IRS, and that is in their best financial and legal interest.