Facing an IRS Audit? We Can Help

IRS Audit Case Process: From Initial Notice to Final Resolution

The IRS selects tax returns for examination for various reasons. These can include conflicting information between your tax return and the documents the government receives (e.g, W-2s and 1099s), high scores on the computer scoring system, suspected tax avoidance, foreign accounts, or even related examinations where someone connected to you has been audited. 

Sometimes, audits are even triggered by local compliance initiatives or data from informants. Whatever the reason, receiving an audit notice can be intimidating.

Our legal team has lawyers, certified public accountants, certified financial planners, enrolled agents, international tax professionals, and other legal professionals. Our firm can handle your case from the initial notice to the final resolution.

Why Was I Audited? Why Was My Business Audited?

If you are wondering why your tax return became the subject of an IRS audit, you should know that the IRS uses a few standard methods to choose which tax returns are given a closer look. 

These methods include:

• Information matching: Employers and other entities that provide you with income send your W-2s and 1099s to the IRS. If the income reported on your return does not match the amounts reported on these tax forms, the return is likely to be audited.
• Computer scoring: A computer program will score your return based on the likelihood that you have misreported income. IRS agents then pick the highest-scoring returns and analyze them to see if there needs to be a tax adjustment.
• Abusive tax avoidance transactions and foreign accounts: If you are suspected of participating in or promoting tax avoidance, or if you have foreign bank accounts, you can expect greater scrutiny.
• Related examinations: If your business partner or a similarly related party has been audited, there is a good chance that your return will also be audited.

Are You Dealing With…

• Back taxes? We can help you fix late or unfiled tax returns and develop a strategy to resolve your tax debt.
• A notice you don’t understand? We interpret IRS notices and explain your options in plain English.
• Wage garnishment? We stop wage garnishments and protect your income.
• Fear of losing your assets? We can help protect your assets from IRS levies.
• Anxiety over tax controversy? You are not alone. We provide the support and guidance you need during this challenging time.

How Frost Law’s IRS Examination Assistance Can Help

We offer comprehensive IRS audit defense services, including:

• Initial Notice Review: We'll carefully analyze your audit notice to understand the IRS's concerns and determine the best course of action.
• Document Gathering and Organization: We'll help you gather and organize the necessary documentation to support your tax return. Proper documentation is key to a successful audit defense.
• Representation Before the IRS: We'll act as your advocate, representing you in all communications and negotiations with the IRS. This allows you to focus on your life and business, not the stress of an audit.
• Penalty Abatement: We'll work to reduce or eliminate penalties associated with your tax issues, potentially saving you significant money. Penalties can quickly escalate, so addressing them early is essential.
• Offer in Compromise (OIC): If you can't afford to pay your full tax liability, we can explore negotiating an OIC with the IRS, allowing you to settle your debt for a lower amount.
• Installment Agreements: If an OIC isn't an option, we can help you set up a payment plan with the IRS that fits your budget.
• Lien and Levy Resolution: We can work to stop or resolve IRS collection actions, such as liens and levies, which can threaten your assets and financial stability.
• Innocent Spouse Relief: If your spouse's tax issues are affecting your tax liability, we can explore innocent spouse relief options.

Don't let tax problems control your life. Contact us today at (443) 743-3381 or fill out our contact form for a confidential case evaluation.

We can help you understand your rights, develop a strategic plan, and resolve your tax issues as efficiently and effectively as possible.