On behalf of Janathan L. Allen, APC posted in Audits on Thursday, October 16, 2014. Audits are always a fear for tax filers. There is always a little voice in our head telling us that maybe, just maybe, a mistake was made on your tax filing and that the IRS...
IRS Audit: The Importance Of Retaining Your Records
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in IRS on Sunday, October 19, 2014. An Internal Revenue Service audit is when the IRS reviews an individual's or a company's financial records and accounts to make sure that information is being properly reported and to verify the taxes...
What is the Difference Between an IRS “Small Audit” and a Full Blown “Audit”?
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in Audits on Monday, October 13, 2014. There are several levels of "audit" within the IRS. When most taxpayers think of "audit" they are envisioning a full blown audit where there is a face to face meeting with the...
Tax preparation isn’t always as simple as it seems
On behalf of Janathan L. Allen, APC posted in Audits on Saturday, November 22, 2014. The end of the year is upon us, and while that also means new opportunities and a fresh beginning in 2015, it also means that W-2s and other tax information will be landing in our...
Taxpayer Cannot Avoid IRS Mail And Later Challenge Tax Liability
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in Audits on Tuesday, December 16, 2014. Anytime a taxpayer is contacted by the Internal Revenue service, the taxpayer should take notice. The failure to timely respond or even respond at all can have significant consequences for a taxpayer....
IRS Audit Shows the IRS itself Failed to Discipline Tax Cheats
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in IRS on Tuesday, May 12, 2015. A ten year audit of the IRS and its procedures clearly shows that the IRS itself fails to discipline 3 out of 5 tax cheats in its own ranks. The US Treasury's...