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Audits
Can be Successfully Fought!
Threat of an IRS Audit or State Tax Audit can justifiably strike fear
into the potential audit victim. Business owners, professionals,
corporations, partnerships and LLCs have more complicated business
transactions than most W-2 wage earners. Fear of tax increases, tax
penalties such as negligence penalties, late filing penalties and late
payment penalties as well as interest on the tax increase and
penalties, is real. Big increases in tax dollars owed and even claims
of civil tax fraud are the potential result of a mishandled tax audit.
IRS auditors, known as Internal Revenue Agents, and their criminal
counter part, CID (Criminal Investigation Division) agents have
extensive training and education. Without the assistance of a qualified
tax lawyer before the audit even starts, a taxpayer is starting behind
the IRS professionals. The first step is preparation and acquisition of
tax law information.
* General Information
Concerning Audits
You are not going to jail!!!!!
Almost all tax audits are simply about the various levels of government
trying to get more money. Every year, usually around the April 15
filing date, the IRS announces a vicious prosecution against nationally
(or locally) known high profile individuals. This is part of the IRS
enforcement technique to scare taxpayers into "following the rules"
imposed by the Treasury. But the fact does not change that few
taxpayers are indicted solely for tax matters. An IRS Audit notice is
for money not jail!
* Do Not Wait to See How the Audit
"turns-out" to consult a tax lawyer!
More Information...
If
you need assistance call
Ronald J.
Cappuccio, J.D., LL.M.(Tax) at (856) 665-2121
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