Tax Law Blog | IRS Tax Attorneys
TAX LAW NEWS - TAX LITIGATION
From the category archives:
Worried about a tax audit? Maybe you should be. More Americans than ever may be subject to unwanted attention from the Internal Revenue Service this season as the government pumps billions of dollars into tax collection.
More than 1.4 million Americans were audited last year, the most in a decade. Even more audits are expected as [...]
{ 0 comments }
An small case ( S case) IRS tax audit is never a fun thing to face, but they do happen to individuals and small businesses. When faced with the burden of a tax audit you may want to contest it. Here are some guidelines.
Tax Court’s Small Case Division can hear disputes involving as much as [...]
{ 0 comments }
A little-publicized ruling in a recent case involving the Internal Revenue Service is causing lawyers for big companies some sleepless nights the WSJ reports.
Last week, in a widely anticipated ruling, a federal appeals court in Boston said the IRS could gain access to documents created by a defense-contracting firm to determine whether the company’s calculation [...]
{ 0 comments }
Barack Obama owes his presidency in no small part to the power of rhetoric. It’s too bad he doesn’t appreciate the damage that loose talk can do to America’s tax system, even as exploding federal deficits make revenues more important than ever.
At his Arizona State University commencement speech last Wednesday, Mr. Obama noted that ASU [...]
{ 0 comments }
The Revenue Agent’s report is not binding. You may appeal the decision at a number of levels. This may be done before the Agent’s manager, before an Appeals’ officer, and before the US Tax Court.
The ability to access these venues is limited due to the timetables involved. Make sure you stay one step ahead of [...]
{ 0 comments }
The traditional view of an IRS tax audit is a face-to-face contact with an IRS auditor. About one-third of IRS “tax audits” are in the form of letters asking for explanations of various tax items on a tax return or supporting documentation. If you receive a tax audit letter from the IRS, examine your records [...]
{ 0 comments }
The most general definition of an audit is an evaluation of a person, organization, system, process, project or product. Audits are performed to ascertain the validity and reliability of information, and also provide an assessment of a system’s internal control. The goal of an audit is to the person/organization/system etc. under evaluation based on work [...]
{ 0 comments }
If you receive an audit notice from the IRS, it is very important that you know the rules and even more important to let the IRS know you are not an uninformed taxpayer. The more rights you assert, the better off you will be. You begin to assert those rights by being the one to [...]
{ 0 comments }
