STGSILVER TAX GROUP
800-778-2741
Open 24 hrs / 7 Days A Week
Real Tax Attorneys For Real Tax Issues

Fast Action. Proven Results.

START WITH A FREE CASE EVALUATION

3 Tips for dealing with a tax audit

You might assume the tax filing deadline means you can stop worrying about taxes for the year. However, a handful of business owners and individuals will face one more hurdle: a dreaded tax audit.

While you don't need to panic, you do need to take an audit notice seriously. In this post, we'll cover three steps you need to follow.

Also, remember that tax audits do not always end adversely. The IRS computer algorithms may flag your return because charitable giving is higher than certain thresholds or it wants to verify business expenses.

Open and carefully read the audit letter

The worst thing that you can do is leave a letter from the IRS unopened at the bottom of a pile. The problem will only grow worse.

By reading the letter carefully, you will likely get a sense for the severity of the issue. This is also a good time to speak with a tax attorney, who can help you identify all potential issues and assist in resolving them.

The first communication from the IRS is always a letter. The IRS does not use email or call you out of the blue to demand a tax payment.

Organize your tax records file

Whether the audit is of your business or individual return, you need to be organized. You'll likely need receipts that support expenses, bank statements, Quickbooks data, any ledgers (for example, a notebook used to track business mileage on a personal vehicle) and titles for property.

If the IRS requests specific documents, make sure to have them available.

Don't offer additional information

Many tax professionals agree that you should not volunteer information. In addition, do not make up excuses.

Seeking representation from a tax attorney helps. The attorney can often handle all communication with the IRS on your behalf.

No Comments

Leave a comment
Comment Information

When you hire us, we can help: you:

  • Obtain emergency relief from IRS actions
  • Stop the IRS from garnishing your wages
  • Prevent levees from being placed on your bank accounts
  • Keep tax payments and penalties from spiraling out of control

Phone Answered 24/7

We are always available to answer your questions and put your mind at ease.

Call us today at
800-778-2741 for a free initial consultation

Competitive Pricing

We offer flat fees that fit your needs and your budget.

Read Our Pricing FAQ

What Past Clients Say About Us

I know I won't be getting those frightening letters anymore thanks to Chad Silver - such a weight off my mind!” - A. Gould, Ohio

Read More Testimonials

A Real History of Success

IRS debt of $682,437, Attorney Silver and his team negotiated the Debt down to zero.

View More Results

You Can Fight The IRS And Win. We Can Help.

No matter where you are in the process, we can help you make the best of your situation. Call us toll free at 800-778-2741 for a free case evaluation.

Get A Free Consultation »
PRACTICING TAX LAW NATIONWIDE

Privacy Policy | Business Development Solutions by FindLaw, part of Thomson Reuters.

Back To Top