If you are facing an IRS audit, you may need the services of a tax attorney to fight back. An experienced professional can help to determine if you are being unfairly targeted by the Internal Revenue Service.
Tax attorney helps clients with their current tax issues. It specializes in tax relief, including tax relief for small business, individuals, or organizations. Also, unlike an accountant or other tax preparer, having lawyer-client privilege allows your lawyer to legally represent you in court while a regular accountant or other tax preparer cannot be forced to testify against you in court. An experienced attorney can also help you win your case if you are guilty of tax fraud. Call Defense Tax Partners at (844) 782-4246 for a Free Consultation!
In a tax audit, the Internal Revenue Service will gather information from you in an attempt to prove that you are in debt. You will then be questioned about your past financial activity, assets, liabilities, and tax return preparation methods. During your interview, the IRS will use this information to decide whether or not to pursue your refund. If you do not have a tax attorney to represent you during this time, you could find yourself facing fines or even jail time because the IRS could seize your property as part of your tax evasion.
In most cases, the IRS does not seek to prosecute a tax attorney’s first client who is suspected of tax fraud, unless they have solid evidence. This means that the majority of people who face a tax audit are able to defend themselves and still walk away from the process with a settlement.
Even when you are not guilty of tax fraud, the IRS has the right to ask questions to confirm your past financial activity. If you have recently filed for bankruptcy, you will likely be asked about your income sources and expenses. In addition, the IRS will probably request that you provide financial documents such as your bank statements, pay stubs, and tax returns. If you have been using your personal assets to hide assets, you may be asked to give the IRS copies of any retirement accounts and retirement plans you hold.
A tax attorney can help to keep your sanity during an IRS audit. While it can be overwhelming to deal with the stress of an audit, a tax attorney can help you make sense of the facts and help you prepare your defense in court. If you are innocent of tax fraud, an attorney can help to get you through the process without endangering your future.