If you’ve received a letter from the Internal Revenue Service, you should contact a Bowling Green IRS Audit Defense Attorney as soon as possible. The IRS may be investigating your finances for a variety of reasons, including high income, clerical errors, non-reported taxable income, and high charitable deductions. An experienced Bowling Green Tax attorney can help you determine which reason is behind the audit, and can work to eliminate it. Depending on the circumstances, an audit can cost you thousands of dollars.
An IRS audit can be stressful, and it’s crucial to have a professional to represent you. Taxpayers should never panic during an audit, because they can end up with additional problems, including a lower credit score. An attorney can help you navigate the process without adding unnecessary stress to your life. In addition to defending your tax rights, an attorney can help you resolve other issues, including determining the validity of summonses and arguing for your constitutional right to remain silent.
While it’s important to remain calm and polite in an IRS audit, taxpayers should avoid saying anything that could backfire. Moreover, a tax attorney can constrain the scope of the audit by explaining the process in a way that makes it less burdensome. This is especially important if you’ve been audited for more than three years. As the IRS examiner’s experience has shown, being hostile toward the auditing officer can backfire. In these situations, it’s essential to hire an attorney who understands the procedure.
To prepare for an audit, gather your records and prepare your detailed responses. Make sure you have original copies of your tax returns to show to the auditor. You should also review the IRS’s website for information on how to prepare your documents. It’s crucial to start the preparation process months before the audit. By hiring an experienced tax attorney, you can avoid the possibility of criminal investigation. And if you don’t have an attorney, it’s even more important to know how to prepare yourself for an audit.
Even if you think your case is insignificant, hiring an attorney can protect your legal rights and help you get the best settlement possible. An audit is often time consuming and frustrating. It can take weeks, months, or even years depending on the complexity of your case. A tax attorney will know how to present your case and the most effective strategies for resolving your situation. They’ll be able to make sense of your situation and provide valuable legal counsel.
An experienced IRS Audit Defense Attorney will have the experience to negotiate a favorable settlement. A good attorney will be able to negotiate with the IRS to minimize penalties, or even get the fine waived entirely. The IRS is under tremendous pressure to close as many cases as possible, so your attorney will have the incentive to settle the case as quickly as possible. So, if you’re facing an audit, hire an attorney today. You’ll be glad you did!