Recently we helped a client survive an Internal Revenue Service (“IRS”) Audit. Ultimately, we got a very good outcome. The taxpayer owed $219. That’s as close to “No Change” as you can get!
Recently we helped a client survive an Internal Revenue Service (“IRS”) Audit. Ultimately, we got a very good outcome. The taxpayer owed $219. That’s as close to “No Change” as you can get!
Today’s routine is similar to many other days until you started opening your mail. In today’s mail is a notice that you are being audited by the IRS. Now what do you do? Give your CPA a Power of Attorney.
Recently, we were able to get a $49,000 IRS civil penalty waived for one of our Connecticut business clients. If we failed to get this penalty waived, this business would have closed its doors.
Most taxpayers should not represent themselves in an IRS audit. Most taxpayers should have their CPA or tax preparer represent them. If they hire their CPA, they should not accompany them to the audit. Why? They might be tempted to…