Choosing a Tax Audit Defense with an IRS Audit Lawsuit is a good idea when the chances of your tax return being audited are high. These services typically cost money but can be worth it in the long run. A professional can work closely with you throughout the entire process and help you present a solid case. The attorney will represent you in any possible court proceedings, including appeals if necessary. This is a service that is best suited to large corporations with complicated and large scale taxes.
A Tax Audit Defense with IRS Audit Defense lawyer is a great investment for your future. The Internal Revenue Service wants to collect the tax debts it owes to the federal government. However, they can also levy penalties for neglect or late filing. If you are found guilty of any tax fraud, you may be hit with a civil tax fraud penalty of up to seventy-five percent of your tax debt and interest on the penalty. Depending on the severity of your audit, you could be sent to prison for up to five years.
During the course of an audit, the IRS can pursue a criminal investigation. In these cases, it is important to identify the reason for the audit. Annapolis Maryland tax debt lawyer will work with you to determine the exact reason for the audit, whether it is due to high income, clerical error, non-reported taxable income, or even excessive charitable deductions. In these cases, an aggressive Tax Assessment Defense with an IRS Audit Defense attorney is necessary to protect your rights.
An IRS audit may lead to penalties and criminal prosecution. If you disagree with the findings of an audit, you can try to appeal to the Internal Revenue Service. This process can take anywhere from six months to a year. A Tax Audit Defense lawyer can prepare a legal response to any letter from the IRS and deal with paperwork and meetings. They can represent you in court or appeals, and can also provide support and representation if needed.
The best way to prepare for an IRS audit is to consult with a lawyer before filing your taxes. An experienced attorney will be able to advise you on the proper course of action in the case. A skilled attorney can provide you with the guidance you need to file your returns accurately. It will also give you peace of mind. With an experienced attorney, you can be sure that your tax returns will be handled properly.
An IRS audit can affect both corporate and individual taxpayers. If you are a Maryland resident, you can seek assistance from an experienced tax attorney if you have received a letter from the IRS. An experienced tax law attorney can determine the cause of your audit and prepare a strategy that works in your favor. If you have been a victim of a criminal investigation, it is essential to contact an attorney as soon as possible.