facing a mountain of paperwork?

IRS audit rates are rising dramatically for all types of taxpayers. Within the past few years, the IRS audit rate for individual taxpayers has risen more than 25%

and the audit rate for high-income taxpayers has doubled. Additionally, the IRS is currently in the process of randomly selecting and dissecting more than 5,000 1120 S-Corp tax returns (S corporations), seeking information that will help tighten its grip on small business taxpayers in the years to come.

IRS audits generally fall into one of the following three categories:

Office Audits

Correspondence Audits

At-Home Audits

Typically, the audit process begins when you receive a letter stating that your tax return has been selected for an examination. This does not mean that the IRS is accusing you of lying, cheating on your tax return, or engaging in any other wrongdoing. However, the goal of the IRS audit process is to increase the tax compliance and revenue collected by the government. The moment you receive notice of an examination is the right moment to seek legal counsel.

To ensure proper IRS audit representation, we can help. Contact us.