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

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

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

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

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

Written by Scott Allen

Call Tax Debt Advisors in Mesa AZ to Appeal your IRS Audit Report

If you have gone through and audit and have a problem with the results, you have the right to appeal the results with the IRS Appeals Office.  The auditor will send you the results of your audit and you have 30 days to either agree with the audit or request a hearing with an Appeals Officer.

The Appeals Officer is independent of the Auditor and has more latitude and an attitude to work out an agreement on areas that are grey or in your favor.  Scott Allen E. A. of Tax Debt Advisors has the expertise to represent you before the Office of Appeals.  Scott offers a free initial consultation to review your audit results.  He can be reached at 480-926-9300 in Mesa AZ.  Tax Debt Advisors has been assisting taxpayers in Appeals since 1977.

www.taxdebtadvisors.com

info@taxdebtadvisors.com

Written by Scott Allen

Tax Debt Advisors, Inc. — how long can the IRS audit my tax returns in Mesa AZ?

First off remember that most people fear Mesa AZ audits more than they should unless you have committed fraud.  In general the IRS has three years from the due date of the return to notify you of an audit.  Your 2012 return is due on April 15, 2013 and the IRS has until April 15, 2016.  There a two exceptions to this rule.  If you under reporting income more than 25% the IRS has six years to take action and if you filed a fraudulent tax return there is no expiration date.

Most audits specifically target only a few areas.  Before you refill your medications for tranquilizers or anti-depressants, call Scott Allen E.A. at Tax Debt Advisors, Inc. as soon as you receive an IRS audit notice.  Scott offers a free consultation and can be reached at 480-926-9300.  Tax Debt Advisors, Inc. of Mesa AZ has been helping taxpayers for over 36 years.

www.taxdebtadvisorsinc.com

info@taxdebtadvisors.com

Written by Scott Allen

Call Scott Allen E.A. in Mesa AZ to represent your case at the Appeals Office

Mesa AZ IRS Appeals Office

Representing yourself at the Mesa AZ IRS Appeals Office can be an intimidating experience and this works to the advantage of the IRS Appeals Officer you will be meeting with.  Since this is your last chance to get what you are seeking, professional assistance is your best choice leading to a victory.  Scott Allen E.A. is familiar with most if not all of the Appeals Officers.  They respect him and will listen to his arguments.  They know he is not intimidated and is knowledgeable with tax laws pertaining to all Mesa AZ IRS settlement options.

Call Scott Allen E.A. for a free consultation at 480-926-9300.  Scott will not take your case unless it is in your best interest.  Let Scott make your appointment with him a great day for you!

www.ScottAllenEA.com

 

Written by Scott Allen

Work w/ Scott Allen E.A. near Tempe AZ if you get an IRS CP-2000 letter

IRS CP-2000 Letter in Tempe AZ

If you forget to include income on your tax return that was reported to the IRS, you will get a Tempe AZ CP-2000 letter.  Unless someone has stolen your Social Security number, the income items are generally correct.  What is not taken into consideration are any deductions that can be matched against the income.  A good example is a stock sale.  Say for example you did not report a sale of Ford Stock for $15,000 you would get a CP-2000 with a tax bill of $3,000 plus interest and penalties if you are in a 20% tax bracket.  But if you paid $20,000 originally for the Ford stock, you actually lost $5,000 and would be due a refund.  Many Tempe AZ CP-2000 notices are coming for forgiveness of debt issues on credit cards and foreclosed home.

If you received a CP-2000 Notice in Tempe AZ, call Scott Allen E.A. and get a professional opinion on what is your best option to minimize the liability and prevent the IRS from levying your bank accounts or garnishing your wages.  Scott offers a free consultation and can be reached at 480-926-9300.

Arizona’s Premier IRS Tax Problem Service Advisor

Serving: Phoenix, Mesa, Tempe, Scottsdale, Chandler, Gilbert, Glendale, & Peoria Arizona

 

Written by Scott Allen

Call Scott Allen E.A. of Phoenix AZ if you get an IRS Notice of Deficiency

Phoenix AZ IRS Notice of Deficiency

The Phoenix AZ IRS Notice of Deficiency in needs a quick remedy. The tax liability is based on returns filed by the IRS called substitute for returns.  A correctly filed return will usually reduce significantly the taxes owed.  This notice gives you 90 days to correct the problem and you will need every day to file correct returns and get an IRS assessment if taxes are owed or a refund is due to you.

Once the returns are filed and assessed, the Phoenix AZ Appeals Office will contact your representative if they have any questions about items included on the returns.  Many times the returns are accepted as filed without the Appeals Officer wanting proof of any deductions.  That is why Scott Allen E.A. should be your choice.  He will file returns that are as aggressive as the law allows and will ultimately be accepted by the Appeals Office.  Scott can be reached for a free consultation regarding your Phoenix AZ IRS Notice of Deficiency at 480-926-9300.  Scott will put your mind at ease and you will know you are on the right track to getting a settlement with the IRS.

Scott Allen, E.A. is just a handful of miles outside of Phoenix Arizona.

 

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