Fatal Mistake #1 – Failure to limit the scope of issues under the audit. When the IRS notifies you of an audit of your return, it is most often being requested for purposes of examining certain discrete tax issues presented on your return. A taxpayer can undermine his or her position by failing to limit the audit to only those issues. You should avoid letting the IRS auditor to go on a hunt in search of additional taxes from you. Fatal Mistake #2 – Thinking the IRS agent is your friend. The ... [Continue Reading]
Articles on Tax Resolution and Tax Litigation
7 Misconceptions About Compromising Tax Debts
We are bombarded by commercials on television, radio and the internet by firms claiming to be able to virtually eliminate tax debts. These commercials often mislead people into thinking that tax debts can be avoided with relative ease. Even though it is possible that the professional chosen by you to represent you before the IRS can achieve excellent results, your results will depend to a great extent on your particular circumstances. Below are some of the misconceptions regarding settling ... [Continue Reading]