
If you receive notice from the IRS stating that your return has been selected for an IRS audit, it's time to seek a tax professional who can provide IRS audit help. IRS audits can be an intimidating experience, at best, as you must be prepared to explain the nature of your income and substantiate the expenses and deductions claimed on your tax return.
An IRS audit comes about when the IRS randomly chooses your tax return to review for errors or omissions. Adversely, an IRS audit can take place when your tax return is selected for an IRS audit because of items which are "red flags" to the IRS. Examples of some "red flags" would be an inordinate amount of charitable giving which is not on par with your income and business expenses which consistently exceed your income.
Also, it is wise to note that the statute of limitations for IRS audits is three years. This means that the IRS has three years from the date you file your tax return or the tax return due date, whichever is later, to notify you that it will be commencing an IRS tax audit.
If you find that you or your company will be facing an IRS Audit, it is wise to seek competent and knowledgeable IRS audit help. The IRS audit process can be extremely stressful and draining! What's more, most people just don't feel comfortable approaching or responding to IRS agents. That's where we come in! We ARE comfortable approaching and responding to IRS agents and we know the IRS audit process. Besides, this is what we do for a living! We help guide good people like you through IRS tax audit difficulties and stand with you to the conclusion of the IRS audit.
If you engage KEL Attorneys to represent you with regard to your IRS audit, we will review all correspondence you receive from the IRS and respond accordingly. If we anticipate that particular challenges may arise during the IRS tax audit, we will perform legal research in order to be prepared to submit a legal argument on your behalf. If necessary, we will meet with IRS agents to discuss your IRS tax audit matter. If warranted, we will negotiate with the IRS to lower or settle any tax amounts that may be found owing at the end of the IRS tax audit.
Why Should I Choose KEL Attorneys For My IRS Tax Audit?
Let me give you just a few of the reasons we, at KEL Attorneys, feel we are the law firm to come to for your IRS audit matter: