Can You Face An IRS Audit Alone? Yes, But You Shouldn't
- July 13, 2019
- Posted by: asal
- Category: Tax Relief
An IRS audit is one of the scariest situations any taxpayer can go through. If you get a notice from the IRS stating you owe back taxes, it can send you into a panic. Taxpayers who get notifications of impending audits stress over what may have led to a review in the first place. Did I not pay back taxes? Was there an error on my tax returns? Have I been involved in something illegal for which I’m not aware? Many questions run through peoples’ minds when they receive notice of an impending audit. One of the first things you should do when faced with an audit is to hire a tax attorney. Can you negotiate with the IRS on your own? Yes; however, it’s not advisable as the IRS can be a very intimidating organization with which to deal.
Tax Attorneys Know Your Rights As A Taxpayer
As a taxpayer, you have rights during an audit. The IRS won’t necessarily observe your rights, but a tax attorney will. A tax attorney knows your rights as a taxpayer and will protect them. When you’re working with a tax attorney, you can ensure you’re getting the best treatment. As a taxpayer, your rights include:
– Full written disclosure of the proceedings
– A recess during operations
– Intervention from the auditor’s manager or superior
– Fair treatment during an audit
– Respect from the auditor
– Fast responses to your questions and concerns
You can protect your best interests during an inspection by hiring a tax attorney. Platinum Tax Defenders employs a team of tax attorneys and x-IRS tax attorneys who know the IRS. The tax attorneys at Platinum Tax Defenders will ensure you are treated fairly and according to your rights.
Tax Attorneys Can Help You Organize Your Records
When you’re under an audit, trying to organize years of tax documents can be stressful. The IRS will likely ask you for much documentation during your examination. The benefit of working with a tax attorney is that they will know which documents you need. Additionally, a tax attorney can help you organize those documents for the IRS. You will need to start organizing your tax records immediately. Below are some of the materials the IRS may ask you to provide:
– W-2s, 1099s, and other earning statements
– Bank records
– Records of dividends and interest
– Proof of expenses, deductions, and exemptions
– Records of contributions to charities, retirement accounts, and other non-taxable funds
It’s vital that you find and replace any tax records that may be missing. A tax attorney can also help you determine which tax records you’re missing. Also, it’s essential that you provide copies of the documents and keep the originals.
Why are you being audited by the IRS?
One question that is important to ask during an IRS tax audit is why the review is happening in the first place. A tax attorney will be able to help you get to the bottom of that question. After you get an audit letter from the IRS, you should immediately find out why. However, remember to remain calm and objective during the audit process. Coming off as aggressive or accusatory to the IRS will only make your situation rose. It’s possible that the audit is the result of a random and coincidental selection of your return.
Do not ignore the IRS
One of the essential pieces of advice we can give you is not to ignore the IRS. As soon as you start receiving letters about an audit, contact a tax attorney. If you ignore calls or throw notes away, that won’t make the review disappear. Instead of pretending that you aren’t obligated to acknowledge the letter, respond quickly. The best part about hiring a tax attorney is they can negotiate with the IRS for you. If you demonstrate you are willing to work with the IRS, the audit may go in your favor. Also, keeping calm will make the whole process much smoother. When working with a tax relief professional, they will talk to the IRS, so you don’t have to.
Get the help of a tax attorney when facing an audit
While you may not see the benefits of hiring a tax lawyer during an inspection, there are benefits. Hiring a tax resolution expert can be a robust audit resource. A tax attorney will know what documents to provide the IRS with and what forms to use. Additionally, a tax relief expert will identify the rights you have as a taxpayer.
Tax professionals can also help you file missing returns or amended returns that may have led to the audit. Additionally, the tax professional can act as an intermediary between you and the IRS. The experts at Platinum Tax Defenders will talk to the IRS on your behalf, so you don’t have to. By working with a tax professional, you can avoid worrying, stress, and anxiety that comes along with an audit. Before you think about dealing with the IRS on your own, think about hiring a tax attorney.
Call Platinum Tax Defenders Today for a Free Consultation!
Hiring a tax relief specialist can get you a better deal when undergoing an audit from the IRS. Platinum Tax Defenders can also help you determine for which tax resolution program you qualify. A tax attorney can help you determine which tax relief solution is right for you. The tax resolution specialist can also negotiate with the IRS on your behalf and submit the necessary paperwork. Owing tax penalties can leave you in bad financial shape. The IRS only wants to get what money you owe them in penalties. Often, they are willing to help you get tax relief from penalties, but you have to know how to try. That’s where a tax relief services company can come in handy. When you hire a tax resolution professional, there are other methods you can use to avoid costly tax penalties. Call Platinum Tax Defenders for a free consultation today.