It is believed by many in Memphis, TN, that their tax records are spotless. Nevertheless, several tax concerns may become apparent upon receipt of an audit notification. An auditor’s job is to check your financial records and filed returns for inconsistencies. In addition, they will look for any illegitimate ways to lower tax obligations, such as unreported income or incorrect deductions.
The auditor has the discretion to extend the audit to include more than one year if they have reasonable suspicions of fraud. In order to find any issues with your previous returns, an expert tax attorney in Memphis, TN, may assist you. The attorney-client privilege shields these transactions. Your attorney can protect you against criminal probes and fines that may arise as a result of the audit. If you are looking for a skilled IRS Audit Defense Attorney, check out Defense Tax Partners website at https://www.tennesseetaxattorney.net/irs-audit-defense-attorney/ for guidance and Free Consultation!
The Internal Revenue Service (IRS) is keen on getting their hands on overdue payments. Your property will be subject to a tax lien or levy if you are unable to settle your outstanding taxes. You will be unable to sell or refinance your property or automobile due to these major issues. To help you get your back taxes under control, a competent tax audit defense attorney in Memphis, TN, can negotiate a settlement with the IRS.
Serious penalties, including fines and jail terms of up to twenty years, are available for tax fraud. If the IRS is accusing you of tax fraud, a competent attorney can defend you by demonstrating that their investigation was improper and that the evidence presented was inadequate. The likelihood of the charges being dismissed against you will increase significantly as a result of this.
If you are involved in a civil action involving filing or auditing mistakes or carelessness on the part of a tax return preparer, a tax attorney in Tennessee can help. To assist you successfully manage your case, a tax attorney will have a strong grasp of both federal and state tax regulations. Call Defense Tax Partners at (866) 530-8081 for your Free Consultation with a Tennessee Tax Attorney!
Verify the credentials and experience of any tax attorney you’re considering hiring. Researching their ratings and feedback from prior customers is also a good idea. Verify if the lawyer is an active member of the bar in your state. Your rights and interests will always be protected by a trustworthy tax attorney.
Your chances of having your case dropped or settled with a positive outcome can be greatly enhanced by selecting the finest defense attorney for an IRS audit. An experienced tax lawyer in Memphis, TN, can help you understand your options and fight for your rights every step of the way. For additional information, get in touch with a tax attorney right now. Representing clients with substantial tax obligations in federal court is a national practice for Robert J. Fedor, Esq., L.L.C. They are well-versed in tax fraud litigation and may assist you in appealing an audit or criminal inquiry. In addition to helping clients with estate and company planning, the firm offers services including 1031 exchanges and SDIRA alternative investment opportunity divestitures.