It begins with an innocuous greeting: “Dear Taxpayer.” For those receiving a notification from the Internal Revenue Service that they are to be audited, the friendliness ends for all practical purposes right there. The cheerless good news is that fewer taxpayers are being audited today than in years past; the bad news is that you are one of them. That means it’s time to take steps to protect yourself, your family and your assets.
The first step is to avoid panic. IRS audits are not fun but they are not a one-way-ticket to doom either. With proper help and advice, you will live to tell the tale of your audit.
That brings us to the second step: contacting an Ohio tax attorney who has helped clients successfully navigate audits. You can then learn of your options and which options make the most sense for you and your circumstances. In some cases, that will mean going to court to appeal an agent’s findings. In other situations, your problems might be resolved best by seeking the protections of a Chapter 7 or Chapter 11 bankruptcy.
Sometimes tax obligations can be discharged or reorganized, breathing new life into your finances.
Although the IRS does fewer audits today than in some past years, the reality is that when an agent is looking at you and your life, it’s important to understand that the agent has the weight and resources of the U.S. government behind him. That is exactly why it is crucial that you enlist a law firm and an IRS tax lawyer with deep experience and knowledge of the processes, paperwork and bureaucrats now aligned against you.
Please see our Tax Audit page for more information about how our office can help you.
Everyone in this situation has options. Learn about yours in a conversation with Robert J. Fedor, Esq., L.L.C.