Facing IRS audits and disputes can certainly induce unwanted fear among taxpayers. If you are about to face an audit, it’s best to understand the process first, the valid reasons regarding the audit’s return, and your rights and responsibilities to appeal. Resolving IRS audits can happen to anyone, despite trying to file the taxes in the right possible ways. Tax accountants help create a clear approach to finding a valid solution, given your IRS audits and disputes.
Get in touch with a reputed tax accountant in Westchester County, NY, to review and understand the IRS audit and to lay out a working plan that certainly eliminates facing unwanted penalties in the first place. Read on as we put forward the possible approaches followed by tax accountants to resolve your IRS audits at bay.
Table of Contents
Evaluating the Need to Battle with the IRS
Before starting with the IRS appeal, the reputed tax accountant from whom you have hired services shall determine the outcomes and ensure whether the effort can be worth it. They may consider the effort involved in terms of the cost of filing, preparation time, and fighting against an IRS audit appeal. From collecting accurate records to evaluating the legal grounds to appeal, the tax accountant shall discuss the potential of resolving or losing the IRS audit fight.
Gathering Valid Evidence and Documentation
When it comes to facing IRS litigations, gathering valid evidence and documentation plays a crucial role. The tax accountant shall take forward this responsibility and gather every piece of valid evidence to support your claims. Starting from validating your tax documents, financial records, and other relevant information, every crucial piece of evidence will be collected and gathered in one place. Thorough investigation and research from the accountant’s side will help address the disputes on the right grounds.
To make the process more efficient and organized, the tax accountant shall use specialized tools and the latest technologies. Their tools shall help analyze and manage large volumes of data to ensure that no important information is left behind. By staying up-to-date with the changes made to the rules and regulations governing the IRS, the tax accountant can wisely handle any complexity faced in terms of tax litigation.
Building a Valid and Strong Legal Argument
When it comes to building a valuable legal argument to face IRS disputes, prepping is the key. The team of tax accountants uses the collected evidence and documentation to present a well-reasoned argument that can help achieve the best possible outcomes. As every case remains unique, such tailored legal arguments can timely resolve the given circumstances of the IRS audits and disputes faced by the individual or the organization.
Negotiating with the Tax Authorities
In terms of negotiating with the tax authorities, the tax accountant shall follow a set of key strategies regarding communicating with the authorities. The accountant shall be transparent and honest when it comes to providing valid documents and details to the tax authorities.
This way, trust gets built and can further lead to favorable outcomes. Every communication will be done in writing to hold onto valid records. Having the IRS appeal in correspondence in writing helps prove that the individual or the organization is not ignoring the dispute or audit. Furthermore, it can also be used as evidence when dealing with tax problems in the IRS.
Wrapping Up
Resolving any kind of IRS audits and disputes shall never be a burden until you have a proficient team of tax accountants supporting your side. By following the advice and strategies as curated by the tax accountants, you will be ensured of staying on the safer side with no reason to pay penalties, given the negligence of the authorities.
References:
- https://www.thienel-law.com/blog/your-2024-guide-to-resolving-irs-disputes
- https://www.aicpa-cima.com/resources/article/6-things-to-know-about-surviving-an-irs-audit
- https://www.jdavidtaxlaw.com/blog/tax-litigation-solutions-j-david-tax-laws-approach/#elementor-toc__heading-anchor-5
- https://www.sambrotman.com/the-complete-guide-to-irs-collections/resolve-tax-debt-irs/