Posts Tagged ‘IRS Appeals’

Three Steps to a Successful IRS Audit/Representation Experience

When going to war, a soldier will plan, plan and plan again being sure that their tactics, protocols and training are ready for the task at hand. Though at times ones equipment and abilities will be tasked to the very edge of their capacities, the goal of a good soldier is to the extent possible to accomplish the task at hand while avoiding as few casualties as possible, preferably none. Similarly a great general who has a lay of the land, an und...

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Duluth/Norcross/Johns Creek CPA: Tax Tips to Have a Successful IRS Audit Experience

These basic tax tips will do much to ensure that you keep adequate books and records to support your business deductions as well as to ensure that you will have much of the documentation that an IRS agent will want to see during the performance of an audit. Being prepared is your best bet and it starts each and every day by keeping good books and records so that if the tax man cometh that you are prepared and ready to support the business expense...

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Final Deadline for Personal Income Tax Returns is October 15th

Another year is getting closer to the end and Christmas is rapidly approaching. Although the original due date for Personal income tax returns is April 15th, a properly filed extension allows a individual taxpayer to file their return by October 15th. The IRS and the state of GA allows individual taxpayers to file for an automatic six-month extension, Form 4868. Keep in mind that an extension to file is not an extension to pay and that both th...

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What to Do When You Get an IRS Audit

Let's face it when the IRS notice first arrives we all have the same initial reactions. Ouch! Yuk! Why me? There is good news out there but only if you know how the process works and understand its attendant nuances. The largest majority of all audits for truthful taxpayers is pure random selection. It is not based upon whether you file your return early or late, whether you file an extension or not, or even if you electronically file or by paper...

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Is the IRS Knocking at Your Door?

Do you remember the old car commercials of years back, when the auto mechanic would say "you can pay me a little bit now or more later". Though the commercial ran decades ago, I have never forgotten the axiom. Similarly, I believe the medical community as well as Benjamin Franklin who teaches us that "an ounce of prevention is worth a pound of cure". This is perhaps no truer than in the case of being sure that you both timely file and pay your in...

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Dealing with the IRS

Straight Dealings with the IRS is Your Best Opportunity to Audit Success to Achieving a Successful IRS Representation Experience Working with the IRS in an honest open and straightforward basis is your best bet to ensure that your audit experience, to the extent that it can be, is an success. Frequently I see clients who are audited because they have a business and attempt to prepare their returns on their own. Tax law should never be attempte...

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Atlanta CPA Saves Metro Atlanta Client $120,000 in Payroll Tax Penalties

One of the tax cases we personally handled involved an Atlanta Based client who had not paid almost three years of payroll tax returns, specifically IRS Forms 940 and Form 941.During this time the company collected but did not remit to the IRS the Federal Withholding Taxes, FICA, and Medicaid taxes. Also the company did not pay the matching taxes due as well as the Federal Unemployment taxes due and payable. For payroll taxes due and payable at t...

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Sample IRS Audit Letter in Anticipation of IRS Audit

When getting ready for an audit the first best call is to a well experienced CPA to ensure that both your rights but more importantly that you return is correct and prepared to best ensure your lowest legal possible tax. As a Body of Believers, though we are to submit to Authority, we are not required either by tax law or by our faith to pay more than our fair share and therefore just and legally liable tax obligation/bill.

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Atlanta CPA Shows How to Resolve IRS Back Tax Issues

IRS rules are set out to assist those who are attempting to comply and to encourage all of us, either willingly or not, to file and pay our just and fair taxes. Tax laws, though complicated to the lay person, are often confusing. A CPA can help people navigate through the tax maze by making the complicated easier to understand. By seeking and following the advice of a trusted professional we are able to comply with tax law with the least amount o...

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Atlanta CPA: Addressing Back Taxes for Atlanta Taxpayers

The first thing we look to do when we meet with a client is to work to get their old back taxes filed. As soon as the back taxes are filed and we have worked with the taxpayer to ensure their present tax obligations are current. Then we can begin to address working with the taxpayer and the IRS to see what can be done to either pay the taxes and interest in full, while requesting penalty abatement by showing/proving reasonable cause as to why ret...

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