Have you thought of preparing an appeal during an IRS audit? One of the most important elements of representing you in an IRS audit is the work we do to prepare for an appeal during the course of the audit itself. The first issue to understand is the importance of...
Managing an IRS Audit in San Diego
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...
An Appeal of an IRS Audit Must be Based Upon the Record
Did you know an appeal of an IRS audit must be based upon the record of the audit itself? When the IRS produces its "Notice of Determination" at the end of an audit, a very important door closes: the ability to put information onto "the record" in order to bolster...
The Broad Powers of IRS Revenue Officers in an IRS Audit
The broad powers of IRS revenue officers in an IRS audit should be a concern for all US taxpayers. Many business professionals and individuals believe IRS agents must be experts in both accounting and tax law. In many cases, they are not expert in either discipline. This may sound shocking,...
What Should a Business Do After an IRS Audit
What should a business do after an IRS audit is completed? The real world answer: prepare for other knocks on the door from the EDD and FTB. The agencies cooperate with one another, and immediately after one finishes an audit, you are required to provide the other with the results...
They May be Fewer in Number but IRS Audits Are Increasingly Aggressive
They may be fewer in number but IRS audits are increasingly aggressive seeking a much bigger check from US taxpayers. The recent request by the IRS for additional funding may not present an immediate threat of increased audits, but this doesn't mean US taxpayers should relax or attempt to take...
IRS Office Audit or Field Audit Require an Experienced Tax Attorney
The two hardest forms of an IRS audit are an IRS Office Audit or Field Audit. Both of these audits are extremely serious and you should be represented by an experienced and seasoned IRS audit and tax attorney like Janathan Allen. If you have received notification of an IRS audit...
Should You Allow the IRS to Waive the Statute of Limitations in an IRS Audit?
Should you allow the IRS to ask for a waiver of the statute of limitations in an IRS audit and should you sign the associated forms? This is a complex question, and if you are not represented by an attorney in the audit this is potentially a trap for the IRS...
S Corporation Owners Should Understand IRS Strategies for Compensation Audits
One of the primary targets for IRS audits is S Corporation compensation. S Corporation owners should understand IRS strategies for compensation audits and work with Allen Barron to reduce these risks while minimizing tax and maximizing income opportunities. One of the most contentious issues is "reasonable compensation." The IRS guidelines...