What should you do if you are contacted regarding an IRS audit in San Diego? How important is carefully managing an IRS audit in San Diego. Should you immediately respond to the IRS and should you simply provide all of the information they request?
If you have been contacted by the IRS regarding an audit, you should contact our office immediately or call us today for a free consultation at 866-631-3470. There are several important issues you need to become immediately aware of such as the importance of the attorney-client privilege and how that protects you from the IRS.
You need to understand the risks you have as a taxpayer whenever you are contacted by the IRS. It is almost never in a US taxpayer’s best interests to communicate directly with the IRS – either in writing or on a phone call – or provide any information without first consulting our experienced San Diego tax attorney.
If you have been notified of an IRS audit, they have a specific strategy already developed for you which is based upon the behaviors or information you originally provided, as well as the amount of revenue the IRS intends to generate from you during the audit. Managing an IRS audit in San Diego allows our clients to keep the scope of the audit limited thereby reducing their risk and ultimately the amount of money they have to pay.
It is also important to note that it is only possible to appeal the information which is contained in the “folder” of your IRS audit. Our experienced tax attorney works to restrict the information provided to the IRS while ensuring the greatest opportunity to appeal any adverse decision once the audit is concluded.
Most taxpayers wouldn’t know what to do if the IRS asked to waive the Statute of Limitations for their audit. Strategic decisions must be made throughout the course of managing an IRS audit in San Diego. You need advice, information, knowledge, and an informed strategy to protect your interests, limit or eliminate potential exposures and prevent the scope of the audit from being expanded.
We invite you to learn more about the integrated tax, legal, accounting and business consulting services of Allen Barron and contact us or call today to schedule a free consultation at 866-631-3470.