Tax Law/Services

IRS Audit Defense Attorney – Why Do You Need One?

IRS Audit Defense Attorney, formerly a Loveland tax lawyer, has been fighting cases with the IRS since 1989. Defense Tax Partners Loveland houses the most aggressive Colorado IRS audit defense lawyers who are well known for fighting back with their legal authority and experience in resolving IRS issues. The firm was founded by attorney Richard Weber, who has argued more than five hundred IRS cases over the last fifteen years. These cases have totaled more than three billion dollars in compensation. These cases have set benchmarks for the IRS as well as the American people who have had to deal with the IRS.

 

The IRS wishes to collect unpaid taxes from hardworking taxpayers; however, the taxpayers do not have a legal right to an audit process. If an audit is warranted, the taxpayers must receive notification that the IRS believes they are in violation of their tax obligations. If these notifications are not received or there is no evidence of any wrongdoing by the taxpayers, then the IRS may proceed to initiate an audit. In most cases, the audit will be a complete waste of time and resources for both the IRS and the taxpayer.

 

Because the IRS lacks any statutory authority to jail individuals or impose criminal charges, there is not a very strong deterrent against criminal behavior on the part of the IRS. This lack of deterrent has allowed the agency to pursue its vendetta against billions of dollars in back taxes and other financial obligations. The Department of Justice did not bring criminal charges against executives involved in the Enron scandal or the Worldcom fraud. Neither was there any serious criminal activity brought against the former IRS official, John Josephazard. This is in large part due to the lack of evidence and a lack of standing in the criminal justice system.

 

The IRS audit process involves many steps. The first step is the assessment of the taxpayers’ financial circumstances. This assessment will determine if the taxpayer will be able to repay the balance of their tax debts. Generally this determination will also determine if criminal tax issues merit criminal action. If the IRS determines that a taxpayer is in default of their tax returns, the agency will issue a notice of default. The taxpayer has one month from the date of default to cure the default and restore their tax status to good standing. For more details about IRS audit process, please check out www.coloradotaxattorneys.net/irs-audit-defense-loveland-co/.

 

Taxpayers are often confused by the sheer number of IRS publications and IRS web sites. One way to become familiar with the terminology and basic concepts is to consult with a tax lawyers and experienced tax attorneys. These professionals can offer taxpayers sound tax advice regarding many common tax issues. They can also help taxpayers understand the complex tax laws that govern filing taxes with the IRS. There are tax lawyers who work exclusively for private individuals or businesses, while others are CPAs, certified public accountants, and tax law attorneys.

 

Many tax attorneys and CPAs choose to focus only on preparing and filing tax returns. While this may be an acceptable profession, it is not the only way to meet your legal needs. A tax lawyer and CPA can also help you with estate planning and asset protection. As more people understand the complex tax laws, the number of taxpayers defending their taxes against the IRS will rise. CPAs and tax lawyers can advise their clients on how to avoid potential audits and how to overcome the challenges the IRS poses.