If you are interested in a tax settlement or if you have received a settlement offer from the IRS, now is the time to call Leading Tax Group. Our tax settlement professionals (whom include former IRS tax attorneys) are always ready to work with you and provide you with the information and representation you need.
800-900-4250A personal tax audit by the IRS can be initiated through numerous account triggers but most often happens because financial records do not match the submitted reports. Untypical or excessive deductions aimed at business expenses along with charities and home office claims will draw IRS attention. Here, the Leading Tax Group conducts the internal audit to comply with the terms of the IRS, thus eliminating the mistakes from the taxpayer’s profile.
Offshore account non-reporting combined with inconsistencies between tax return income statements and third-party reports and major fluctuations in earned income automatically initiate IRS tax audits. Incorrect or excessive use of the Earned Income Tax Credit (EITC) coupled with incorrect claims will trigger an IRS investigation. An audit by the IRS is most likely to occur when taxpayers make mathematical errors, file their reports incompletely, or fail to submit their tax documents.
Leading Tax Group works with the client at every step. In case of a compliance issue, the former Audit Attorneys are there to help the client in the negotiation process and help in communicating clearly with the IRS.
Contact UsThe consequences of failing to meet the tax guidelines in an audit are such that it can lead to a hefty penalty and also with the interest attached to it. It can cause a financial dent in the person and can ruin the significant amount that a person has made as a saving.
Experience is the only harbor a client can get in the time of a critical situation like a tax audit. Leading Tax Group’s Audit Attorneys helps minimize the negligence made on the client’s part. Also, it can protect financial assets by rightly reporting with the compliance standard of the IRS.
Headquartered in Encino, California with multiple local branch offices in your backyard to serve you at your convenience. Leading Tax Group can schedule a face to face consultation to represent your case with the IRS, FTB, EDD, as well as CDTFA Audits.
To prove innocence, a person needs to provide the right income document, receipts of payment for proof, and other supporting documents that keep track of a person’s financial activity.
A tax audit can happen from underreporting income to not keeping a record of the third-party income and also can be triggered for claiming irregular credits and deductions.
A taxpayer has the chance to negotiate with the IRS. For effective results, one can take the consulting service from a former IRS Audit Attorney and gain knowledge about protecting assets and winning the case.
You can appeal through the formal process of the IRS to report incorrect audit reports and also to reclaim the things that have been taken from the taxpayers.
Getting audited for the first time is not linked with whether or not you will be audited again. In case of any discrepancies, one can further increase the chance of getting audited.