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.
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
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.
As part of its new oversight program of the nation’s tax return preparation industry, the Internal Revenue Service recently announced it will send letters to approximately 100,000 tax return preparers who prepared returns in 2011 but failed to follow new requirements.
PURCHASE REPRESENTING THE AUDITED TAXPAYER BEFORE THE IRS FROM THOMSON WEST REPRESENTING THE AUDITED TAXPAYER BEFORE THE IRS You may also own one of the best selling books by tax professionals who represent taxpayers in IRS examinations.…
PURCHASE REPRESENTATION BEFORE THE UNITED STATES TAX COURT FROM THOMSON WEST REPRESENTATION BEFORE THE UNITED STATES TAX COURT By: - Robert E. McKenzie and Jeffry J. Erney and Thomas J. Callahan and Gregory J. Gawlik Custom Search This…
SPOUSAL RELIEF By Robert E, McKenzie ©2011 Custom Search Although many taxpayers enjoy substantial tax benefits from filing joint returns, those benefits may be outweighed when a tax deficiency or unpaid balance is asserted for a return. The…
In this 2006 article, tax attorney Robert E. McKenzie discusses tax scams. Tax Scams Custom Search Tax Scams
In this article, IRS attorney Robert E. McKenzie discusses the IRS audit system. IRS Audit System Custom Search IRS Audit System
From the Government’s perspective, statutes of limitation restrict the taxpayer’s right to claim a refund of
overpaid tax or initiate litigation to obtain a refund. From the taxpayer’s perspective, statutes of limitation
prevent the IRS from collecting a deficiency in tax or beginning a civil or criminal case. In short, statutes of
limitation provide a date of finality after which actions taken by the IRS or the taxpayer cannot be disturbed by
the other party