Tax Audit

While most people get caught off guard and stressed when receiving an IRS tax audit, an audit is not an immediate declaration of fault. If you have received an audit notification by the IRS, it is crucial you understand your rights and legal options. The tax audit process is complex and taxpayers often require the experience and guidance only a well-versed tax audit attorney could provide.

At Frost Law, we can give you the peace of mind you need by answering all questions and breaking down your best course of action. Call us today and let our team of tax professionals help you take on the IRS.

Are you ready to speak to our tax audit attorneys?

Give us a call at (717) 251-5029 or fill out a brief contact form.

What is a Tax Audit?

IRS audits are reviews of a person or organization’s financial information to determine:

  • Whether the reported information is corrected according to tax laws
  • Whether the person or organization is reporting the correct amount of taxes

While the general public has a very negative connotation surrounding tax audits, they can be fairly routine and easy to get through if the proper procedures are followed. Frost Law has handled countless tax audits for various businesses and individuals. We can use our collective knowledge and resources to help you get through your audit.

The Three Types of Tax Audits

The Correspondence Audit

  • This is the most common type of audit
  • A taxpayer will receive a letter from the IRS informing them of possible errors on their tax returns
  • They will be asked to mail additional information back to the IRS, typically within 30 days, for further review to resolve the matter

The Office Audit

  • A letter will be sent by the IRS requesting a taxpayer to meet them in person at a local IRS office
  • The letter will include which documents the taxpayer should bring with them for the meeting
  • Office audits are handled by tax compliance officers and while they generally involve lower level issues, the results could still lead to serious legal consequences if a taxpayer is not careful

The Field Audit

  • These are the most serious types of audits and involve revenue agents investigating taxpayers in person at their homes or places of business
  • Fields audits are typically done if the IRS believes a taxpayer has underreported their earnings or overstated their deductions
  • These audits are typically scheduled in advance

Who Gets Audited?

While the chances of an average person being audited is low, the odds do go up the richer the individual or business is. Every tax return submitted to the IRS gets assigned a score based on a secret formula which was designed to flag likely tax cheaters by identifying outliers. The IRS will examine a person’s tax payments, back taxes, deductions, and various other factors before deciding to go through with an audit.

Regardless of what caused the IRS to audit you, it is crucial for you to consult with reputable tax audit lawyers before taking the next step. Frost Law’s tax professionals can help you gather the necessary documentation to pass your tax audit without issues.

Contact a Local Tax Audit Attorney Immediately

While tax audits are designed to get to the bottom of any irregularities in a person’s tax records, individuals who have received audit notices should contact accomplished tax audit attorney for representation and legal counsel. Navigating a tax audit can be a difficult task for any person or business that does not regularly deal with U.S. tax codes and regulations.

To avoid small errors that could easily land you or your business in hot water, book a free initial consultation with our tax attorneys by calling us at (717) 251-5029 or filling out the contact form.