Written by Scott Allen

What do I do when I get a Scottsdale Arizona IRS Notice of Deficiency?

Scottsdale Arizona IRS Notice of Deficiency

This is not a matter to treat lightly.  But you need professional help from Tax Debt Advisors Inc. near Scottsdale Arizona.  This is probably from a tax debt calculated from tax return(s) prepared by the IRS called substitute for returns.  When you file a correct return, nine times out of ten your tax liability will be lowered.  A Scottsdale Arizona IRS Notice of Deficiency is also call a 90 day letter.  That is the time you have in which to get your liability lowered.  But because the IRS is a huge bureaucracy, they may want you to enter into a settlement option while you are waiting for them to process your correctly filed return(s).

The IRS Office of Appeals may want further information before accepting the returns as filed.  About two out of three times the return(s) will be accepted as filed.  If the Appeals Officer has any questions it will probably be to review you documentation to support deductions or expenses taken on your return(s).  Tax Debt Advisors, Inc. has the expertise to guide you through this process.  Tax Debt Advisors, Inc. has settled over 113,000 IRS tax debts since 1977 in Scottsdale Arizona and surrounding areas of the Valley.  Call 480-926-9300 today for your free initial consultation.

 

Written by Scott Allen

Tax Debt Advisors knows IRS Audit Procedures for Peoria AZ taxpayers

Remember that a Peoria AZ IRS audit means that you are being investigated for filing a return and not paying the taxes according to IRS Code.  One must always be truthful with information disclosed to an auditor; but you are not under obligation to give more information than what is requested.

Retaining professional assistance on an audit from someone who is not local is like paying a dentist to do dental work who isn’t available to represent you before an auditor unless you pay for them to fly or travel to your appointment.  It just isn’t financially practical.

Schedule a free consultation with Scott Allen E.A. of Tax Debt Advisors and meet with someone you can talk to face to face.  Scott can be reached at 480-926-9300.  Tax Debt Advisors has been representing taxpayers in IRS audits since 1977.

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Written by Scott Allen

Call Tax Debt Advisors, Inc. for IRS Audit Defense in Tempe AZ

One of the most common areas the IRS is auditing is errors in claiming the Earned Income Tax Credit (EITC).  If you are being audited for the EITC claimed on your return, you need a consultation with an IRS professional other than the person who prepared your return.  Many taxpayers and tax preparers have taken credits incorrectly either intentionally or unintentionally.

Before you meet with an IRS auditor in Tempe AZ for EITC or any other deductions or expenses taken on your return, call Scott Allen E. A. of Tax Debt Advisors, Inc for a free consultation.  He can be reached at 480-926-9300.  Scott will put your mind at ease.  He will give you straight answers and follow through service.

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Written by Scott Allen

Call Tax Debt Advisors to understand your Chandler Arizona IRS Tax Audit Rights

If you feel you are a “victim” of an IRS audit all is not lost.  You have 30 days to request a Hearing before the IRS Appeals Office.  If you are at this point, you need professional help.  Scott Allen E.A. of Tax Debt Advisors has the expertise to negotiate on your behalf before the IRS Office of Appeals.  Appeal Officers have more latitude for compromise than IRS Auditors.

Tax Debt Advisors near Chandler AZ offer a free initial consultation to review where we can successfully negotiate a reduction or elimination of the taxes, interest and penalties owed from your initial IRS audit.  We can be reached at 480-926-9300.  He will not take your case unless it is in your best interest.

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Written by Scott Allen

Tax Debt Advisors, Inc. — for suggestions on how to prepare for your meeting with IRS Auditor in Phoenix 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 Phoenix AZ.   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.  Scott offers a free consultation and can be reached at 480-926-9300.  Tax Debt Advisors, Inc. has been representing taxpayers since 1977.

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Written by Scott Allen

Call Tax Debt Advisors. Inc. if you receive a Scottsdale Arizona IRS Audit Letter

You are well advised to get a consultation with an IRS audit professional near Scottsdale AZ.  In general it is best to have representation at the audit meeting.  Scott Allen E.A. has audit expertise and sometimes may advise you to attend the audit with him.  If you do decide to handle the audit alone, only respond to the questions asked and don’t volunteer information.  Audits can be done at the auditor’s office, your representative’s office, your home or through correspondence.  Locations are dictated by the IRS auditor based on the circumstances surrounding the purpose of the audit.

Call Tax Debt Advisors, Inc. at 480-926-9300 to schedule a free consultation.  Tax Debt Advisors, Inc.  has represented clients at IRS audits for over 36 years.

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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.

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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.

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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.

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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

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