Regular Post
Written by Scott Allen

Call Tax Debt Advisors to prepare records for Scottsdale AZ IRS Audit

Even if every deduction and expense reported on your tax return is 100% correct, you will have them disallowed if your records are not organized properly for your IRS audit.  This is where an IRS professional near Scottsdale AZ will get the IRS to accept your returns as filed by making sure you have documented your expenses appropriately.

Call Scott Allen E.A. of Tax Debt Advisors as soon as you receive an IRS Audit Notice.  Scott offers a free initial consultation and can be reached at 480-926-9300.  You will only work with Scott from beginning to end.  He handles all IRS audit clients.

www.taxdebtadvisors.com

– – info@taxdebtadvisors.com

IRS Problems, IRS Tax Audits
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Regular Post
Written by Scott Allen

Tax Debt Advisors: The choice to handle your IRS Tax Audit in Phoenix AZ

If you have received a notice from the IRS that you have been selected for an audit your first reaction probably is a good indicator of whether you need an IRS professional in or near Phoenix AZ.  Everyone has a natural negative reaction, but if you are struck with panic, that is another matter.  Scott Allen E.A. is qualified with many years of experience to represent you before an Phoenix AZ IRS auditor.  If your fear is due to knowledge that you have taken deductions you shouldn’t have taken or income you did not report, let Scott know that right up front.  You need his assistance to avoid the 75% fraud penalty.

Success from an audit comes as much from being organized for the audit as it does from the strategy to explain your position.  Auditors want to get through the audit as quickly as possible and if you are organized they are less likely to try to turn over every stone.  Organized taxpayers appear to not have anything to hide—so don’t.  Contact Scott Allen E.A. at Tax Debt Advisors if you want a free consultation to see what he can do for you.  Scott can be reached at 480-926-9300.  Tax Debt Advisors has been advising clients with IRS problems since 1977.

www.taxdebtadvisors.com

– – info@taxdebtadvisors.com

IRS Problems, IRS Tax Audits
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Regular Post
Written by Scott Allen

Call Tax Debt Advisors when the IRS Audits Your Tax Return

The IRS computers score each return as to how likely a return will be audited.  If your deductions are higher than average, you are more likely to be audited.  If your deductions are much higher than the average, chances are you can expect to get an audit notice in Arizona.

Most Arizona audits are handled through correspondence.  If the IRS auditor in AZ wants an “office audit” you should be concerned enough to seek professional help.  Scott Allen E.A. of Tax Debt Advisors will usually request the auditor to conduct their review in his office.

Many times the auditor will inspect from a distance your home to see what kind of house you live in and the number and kind of vehicles you drive.  It is very critical that any deadlines the IRS has put in writing are kept.  Missing deadlines or not showing up to your scheduled audit is a red flag that you have something to hide or want to avoid.

Having a professional represent you is critical if you are likely to lose your temper or act defensive.  The cost of retaining the right representative will save you money in the long run in most cases and in every case if your records are incomplete.  Call Scott Allen E.A. of Tax Debt Advisors for a free consultation in Arizona at 480-926-9300.

www.taxdebtadvisors.com

– – info@taxdebtadvisors.com

IRS Problems, IRS Tax Audits
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Regular Post
Written by Scott Allen

Tax Debt Advisors, Inc.–information on IRS Audit Red Flags

Here is some information about IRS audit red flags for Chandler Arizona residents.  Some can be avoided and others cannot.  However, if you are entitled to a deduction, take it.  Don’t avoid a deduction because it might trigger an audit.  Here are the top ten reasons taxpayers get audited:

  • Income is too high—not much you can do here but it is facts that the higher your income the higher the chances you will be selected for an audit even if you don’t have other audit red flags.
  • Omitting income that has been reported to the IRS—the IRS computers match up income reported to them, to income reported on your return.  If you have omitted a 1099 or W-2, the IRS will send you a notice.
  • Large charitable donations of property—remember to file form 8283 for donations over $500 and have an appraisal.
  • Home Office deduction—everyone wants to deduct what amounts to personal living expenses against business income.  Remember that the area of your home that you want to write-off expenses must be used exclusively and regularly as your principal place of business.  A corner of your bedroom or kitchen is not acceptable.
  • Rental losses—active participation allows you to write-off up to $25,000 of loss subject to phase out rules.  Real estate professionals who spend more than 50% of their time and 750 hours each year can deduct losses with no limitations.
  • Excessive business meals and travel and entertainment expenses—it just seems to be too tempting for self-employed individuals to try to take advantage of these deductions and the IRS knows that.
  • Writing-off 100% of business use of vehicle—just reporting a more realistic % can avoid a tax audit in this area.
  • Businesses that lose money—there must be a profitable business motive.  If you are trying to deduct each year losses from what amounts to a “hobby,” expect an IRS audit.
  • Higher than average deductions—deductions that are higher than average compared to income reported is a huge red flag.

Scott Allen E.A. of Tax Debt Advisors, Inc. offers a free consultation for Chandler AZ taxpayers and all surrounding cities, and can be reached at 480-926-9300.  Tax Debt Advisors, Inc. has been representing taxpayers since 1977.

www.taxdebtadvisorsinc.com

– – info@taxdebtadvisors.com

IRS Problems, IRS Tax Audits
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Regular Post
Written by Scott Allen

Call Tax Debt Advisors, Inc. for suggestions on how to prepare for your meeting with IRS Auditor in Gilbert AZ

The key to a successful audit is to be organized before you go into the audit.  Generally taxpayers require professional assistance to get their records in audit format.  It’s like doing an audit on yourself before you meet with the IRS auditor in Gilbert Arizona.   Taxpayers are often surprised to find that their records are not in agreement with what was reported on their tax returns.  If the auditor insists on meeting at your home there is cause for concern.  The auditor wants to evaluate your “life style.”  If your auditor wants to meet you at your home, call Scott Allen E. A. of Tax Debt Advisors, Inc. for representation.  Tax Debt Advisors, Inc. offers a free consultation and can be reached at 480-926-9300.  Tax Debt Advisors, Inc. has been representing taxpayers in an near Gilbert AZ since 1977.

www.TaxDebtAdvisorsInc.com

– – info@taxdebtadvisors.com

IRS Problems, IRS Tax Audits
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Regular Post
Written by Scott Allen

Call Tax Debt Advisors, Inc. if you have been selected for a Tempe AZ IRS tax audit

Most taxpayers assume that Tempe Arizonatax audits are only done by the IRS.  Generally, that is true but if the IRS audit shows that you under reported income or over deducted expenses, they will notify the state you live in as well and you will have additional taxes, interest and penalties from your state.  Tax Debt Advisors, Inc. has the expertise to represent you before the IRS.  IRS form 2848 (Power of Attorney) authorizes Scott to represent you.  Once the IRS auditor receives this form they are required to send all correspondence to Tax Debt Advisors, Inc.  Scott will be able to attend the audit without your attendance in most situations.  His company Tax Debt Advisors, Inc. has negotiated settlement options if in fact you owe more taxes.  Just having Scott Allen E.A. on your side reduces the stress of being audited.  Call Scott Allen E.A. at 480-926-9300 to schedule a free consultation.  Scott will not take your case unless it is in your best interest.  That is why Tax Debt Advisors, Inc. near Tempe AZ has be helping taxpayers since 1977.

www.taxdebtadvisorsinc.com

– – info@taxdebtadvisors.com

IRS Problems, IRS Tax Audits
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Regular Post
Written by Scott Allen

Call Tax Debt Advisors if you receive a Notice of Deficiency to Appeal IRS Proposed Assessments in Gilbert AZ

This notice is referred to as a “90 Day Letter.”  Gilbert AZ Taxpayers have a right to file a petition with the U.S. Tax Court in Washington D.C.  In over 36 years working with Notices of Deficiency, not a single time has a case been referred to tax court.  The IRS and taxpayers want to avoid going to court.  The IRS will refer your matter to the Appeals Office in Phoenix.  Scott Allen E.A. of Tax Debt Advisors has the expertise to represent you at the Office of Appeals.  He will meet with the Appeal Officer and negotiate a settlement of your deficiency.  Scott can be reached for a free consultation at 480-926-9300.  Tax Debt Advisors has represented our Gilbert AZ clients on Notices of Deficiency for over 36 years.

www.taxdebtadvisors.com

– – info@taxdebtadvisors.com

IRS Appeals, IRS Problems
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