» IRS Audits

Businesswoman working finance with calculator in office.

Will Reasonable Reliance on Tax Professionals Save You in an Audit?

When taxpayers hire accountants to help prepare their tax returns, they expect it to be done right, and to save them from audits. But sometimes the quality of that product is limited by the information the taxpayers themselves provide. A recent Unite… Read More
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How Does the IRS Prove Ci…

How Does the IRS Prove Civil Tax Fraud in Court?

No one wants to be the subject of an IRS civil tax fraud investigation. But a tax audit is only the beginning of the process. When a taxpayer challenges the IRS’s assessment, the government will have to prove civil tax fraud in court. Here’s what… Read More
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Categories: IRS Audits, Tax News
A letter from the IRS.

What to Do if You Receive a Soft Letter from the IRS

Enforcement at the IRS is getting tighter. Now that the Offshore Voluntary Disclosure Program is closed, taxpayers with foreign financial accounts are facing the possibility of higher penalties and tighter scrutiny of their offshore assets. One metho… Read More
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Hourglass and calendar - How long can the IRS wait before imposing tax assessments?

How Long Can the IRS Wait Before Imposing Tax Assessments?

When taxpayers discover errors in their tax returns, or they learn they were supposed to file FBAR reports, the problem they uncover can sometimes span years. The larger these foreign financial accounts are, the quicker the unpaid taxes, penalties, a… Read More
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AICPA Accountant Criticizes IRS Dispute Resolution Process

AICPA Criticizes Changes to IRS Dispute Resolution Process

When U.S. taxpayers find themselves in dispute with the Internal Revenue Service (IRS) they can face confusing processes, a rotating roster of agents and employees, and an often opaque decision making process that can make them feel outnumbered and i… Read More
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Taxpayer Advocate Calls for IRS Transparency - Hand writing Transparency

Taxpayer Advocate Calls for IRS Transparency

Taxpayers facing an IRS audit or investigation often feel like the decisions come out of nowhere. Lack of transparency isn’t a new problem for the Internal Revenue Service (IRS). In fact, a recent report from the National Taxpayer Advocate expl… Read More
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Categories: IRS Audits, OVDP

IRS Issues Audit Technique Guide for Entertainment Industry

In connection with the examination (auditing) process, the IRS has been preparing Audit Techniques Guides (ATGs) intended to assist IRS examiners during audits by providing insight into issues and accounting methods unique to specific industries. ATG… Read More
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Categories: IRS Audits