IRS Tax Audit Representation
Going through an IRS audit can be a tough process that makes you feel open and exposed. If the IRS discovers an under reporting of income then they will assess a deficiency against you. A tax attorney to represent you during audit can help protect your rights as a taxpayer and free you to continue running your business.
Offer in Compromise
The IRS has expanded its “Fresh Start” initiative to help struggling taxpayers who owe taxes.The best Offer in Compromise that I have had accepted by the IRS allowed my client to settle his taxes for less than one penny on the dollar.
Contesting Tax Assessments
There is a little known fact to the general public: the IRS and the California state tax authorities make mistakes. Armed with facts and evidence in your favor, we can show the tax authorities how they erred in assessing your tax liabilities.
Innocent Spouse Relief
You are liable for the tax liabilities that your spouse incurred without your knowledge. If you are recently separated or divorced, we might be able to help you obtain complete relief for those tax liabilities.
An installment agreement can sometimes be your best option if you don’t qualify for an Offer in Compromise or Innocent Spouse Relief. Under an installment agreement you can make monthly payments if you’re not financially able to pay your tax debt immediately.
Abatement of Tax Penalties
IRS tax penalties against you can quickly increase to an unmanageable amount. The IRS has a little utilized program that allows for the abatement of first-time penalties, and your penalties may be able to be challenged for reasonable cause.
Lewis & Associates IRS and California Tax Law News & Updates
- Excluding 1099-C Cancellation of Indebtedness Related to Home Foreclosure from Income July 1, 2014
- BOE Returns $16,000 of Illegally Withheld Money Back to Client June 13, 2014
- The Hows, Whats, and Whys of the Pfizer-AstraZeneca Corporate Inversion May 20, 2014
- Reporting Receiving $10,000 in Cash to IRS on Form 8300 May 10, 2014
- IRS Issues Guidance on Taxation of Bitcoin Mining and Virtual Currency March 28, 2014