IRS Audits

IRS Correspondence Audits

The Compliance Center computers are programmed to select those returns with high DIF scores which reflect issues that could be easily resolved by mail. The computers select those returns which are appropriate for correspondence audits and each respective return is reviewed by either a Tax examiner or clerk. The returns are DIF screened and quality reviewed using technically proficient examination personnel who are experienced in DIF screening operations. Returns which have apparent examination issues other than those appropriate for correspondence audit are referred to the local Area Office. Some examples of the kinds of items which can be verified by correspondence are itemized deductions, such as interest, taxes, contributions, medical expenses, and simple miscellaneous deductions such as union dues and small tools. Issues other than itemized deductions may be examined if they are single matters which would not be appropriate for office audit or field examination.

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Gambling and Taxes

Gambling and Taxes = The Price of Winning By: Robert E. McKenzie ©2011   Custom…

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12-1-11 Robert E. McKenzie Quoted in Accounting Today

Robert E. McKenzie Quoted in Accounting Today on Worker Classification Issues

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Appealing to the IRS

1.10 While the process is not mandated by statute, the Service has, for over 60 years, provided taxpayers with an administrative alternative to litigating their tax disputes in court [Reg. § 601.106]. Now commonly referred to as Appeals, this administrative branch of the IRS generally has the final power and authority of the IRS to determine audit liabilities of taxpayers

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Who Gets Audited by IRS

The total number of audits of individual returns increased in 2010. Those who earned less than $200,000 had about a 1 percent chance of being audited. Those with incomes of $200,000 and more had about a 3 percent chance of being audited.

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Representing Clients in IRS Examinations

Preparation is essential to successfully representing your client during audit. The better you prepare for an audit the better the ultimate result for your client..

2.20 Generally, any

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Audit Representation During Audit

Many tax controversies are better resolved sooner rather than later. Accordingly, it is often to your client’s advantage for you to begin work on the case promptly. Your first goal should be to accurately gather the necessary information. You must control this information gathering process. Otherwise, the client will often inundate you with reams of useless information while neglecting to hand over truly important documents. The initial interview with the client is an important step in your preparation for audit.

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PURCHASE REPRESENTING THE AUDITED TAXPAYER BEFORE THE IRS FROM THOMSON WEST

  PURCHASE REPRESENTING THE AUDITED TAXPAYER BEFORE THE IRS FROM THOMSON WEST     REPRESENTING…

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Innocent Spouse

SPOUSAL RELIEF  By Robert E, McKenzie   ©2011   Custom Search Although many taxpayers enjoy…

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IRS Offshore Account Holders

IRS & Offshore Account Holders

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