What should you do if you receive an IRS audit notification letter? Why should you consider engaging experienced IRS audit and tax attorney Janathan Allen, who represents U.S. taxpayers facing an IRS audit or any other federal or state tax issue. There are several things you should know if you...
What Are the Statute of Limitations on an IRS and California Tax Audit?
What are the statute of limitations on an IRS audit and a California tax audit? There is a time limit, known as the "statute of limitations", when the IRS and/or California must complete an audit of your tax returns. It is important to understand the concept of the statute of...
What is the IRS Audit Statute of Limitations
What is the IRS audit statute of limitations? Is there a time limit placed upon the IRS when it comes to auditing your tax returns or collections of tax related debt? The answer is "yes" and this time limit is known as a "Statute of Limitations." Traditionally, the IRS Statute...
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...
New Case May Offer Some Protection from IRS Collection of FBAR Penalties
A recent court decision may provide taxpayers relief and protection from IRS collection of FBAR penalties based upon a 3 year statute of limitations. The US Tax Court has issued its first decision of 2018 which considered whether FBAR related collections by the IRS could go back six years. The...
Your Risk of a California Tax Audit May Be Higher than an IRS Audit
It may surprise many Californians to learn your risk of a California tax audit may be higher than an IRS audit. You may have heard in the news the rate of IRS audits is down. While this is true for lower income Americans, the cost of living in California naturally...
The Strategy of an IRS Audit and the Statute of Limitations
Why do you need an attorney if you are facing an IRS audit? What is the strategy of an IRS audit and the statute of limitations which arises during many audits? Allen Barron provides sound advice and experienced representation for US taxpayers facing an audit. The first piece of strategy...
Should the Statute of Limitations Be Waived in Your IRS Audit
Should the statute of limitations be waived in your IRS audit or should you force them to finish their work? This is a complex legal and financial question requiring the insight of an experienced and seasoned IRS tax attorney from Allen Barron. It is important to understand the full process of...
What Happens When the IRS Audits your Business Earnings
What happens when the IRS audits your business earnings in San Diego? How will the IRS process work and what are the most important things to do if you receive notification of an impending IRS audit? Allen Barron has developed a complimentary guide "What to Expect from an IRS Audit"...